Back to News
Market Impact: 0.4
Cipher Digital Tumbles 14% on $850M Convertible Note Offering and Share Exchange; Applied Digital Drops 5%
Source: 247wallst.com
Company FundamentalsCredit & Bond MarketsInfrastructure & Defense
Cipher Digital (NASDAQ: CIFR) shares fell 14% to $11 as a fresh financing package weighed on the data center developer. The article excerpt provides no details on the package’s size or terms.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately negative
Sentiment Score
-0.40
Ticker Sentiment
CIFR-0.60
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