Why BitMine Immersion Technologies Stock Plummeted on Monday
Crypto treasury company Bitmine Immersion Technologies (NYSEMKT: BMNR) didn't have timing on its side Monday. Its stock took a punishing hit of almost 13% that trading session after it published the latest update on its holdings -- on a day when many cryptos were booking substantial losses.
Bitmine publishes weekly updates of its holdings, which is appropriate given the company's active involvement with its anchor position in Ethereum.
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Source Fool.com
Immersion Corp. Stock
€5.19
3.790%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Immersion Corp. stock is not clear.
With a target price of 11 € there is potential for a 111.95% increase which would mean more than doubling the current price of 5.19 € for Immersion Corp..
