Back to News
Market Impact: 0.45
Stock Market Today, Oct. 13: Cipher Digital Drops 13% on $850M Convertible Note Offering
Source: Nasdaq
Crypto & Digital AssetsCredit & Bond MarketsCompany FundamentalsInfrastructure & Defense
Cipher Digital closed at $11.34, down 12.77%, after plans for $850 million in convertible notes pressured the stock. Investors are weighing potential dilution against the company’s data center expansion; the provided article text ends before further details.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately negative
Sentiment Score
-0.55
Ticker Sentiment
CIFR-0.55
More News
- Cipher Digital stock drops 12% following $850 million debt offering
- Cipher Digital shares slump as data centre developer plans $850 million convertible note sale
- Stock Market Today, Oct. 13: Cipher Digital Drops 13% on $850M Convertible Note Offering
- Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says
- South Korean carmaker Hyundai plans 'strategic' investment of $15.5 billion in India by 2032
- Houthis Hit Saudi Aramco Headquarters in Missile Attack