Stock Track | CleanSpark Plummets 13.70% Intraday on Earnings Jitters and Bitcoin Price Decline
Stock Track02-06
CleanSpark, Inc. (CLSK) shares plummeted 13.70% during intraday trading on Thursday, reflecting significant selling pressure.
The sharp decline comes as investors brace for the company's first-quarter fiscal 2026 earnings report, scheduled for release after the market close. Analyst expectations for a loss contributed to the negative sentiment. Furthermore, the drop coincided with a broader sell-off in cryptocurrency markets, with Bitcoin trading sharply lower, which typically pressures mining stocks like CleanSpark.
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