Cipher slides 16% on wider Q2 losses as Bernstein sees upside from Texas power audit
Cipher slides 16% on wider Q2 losses as Bernstein sees upside from Texas power audit
Cipher Digital shares tumbled 15.7% on Tuesday after the company announced wider losses in the second quarter of this year.Bernstein maintained its Outperform rating and a $32 price target, citing potential Texas power audit upside.