10 Firms Mirror Broader Market Downturn Ahead of 2025

8. MARA Holdings, Inc. (NASDAQ:MARA)

Bitcoin miner MARA Holdings, Inc. (NASDAQ:MARA) registered a 6.24-percent decrease in its share prices on Monday to close at $17.29 each.

Investors appeared to be cautious about the company’s prospects, as seen in its past five and 30-day trading, having booked significant losses of 13.38 percent and 32.54 percent, respectively. The company was also down 24.6 percent year-to-date.

According to analysts, investor appetite was dampened by disappointing third-quarter results announced recently, including a $124.8 million net loss compared to a $64.1 million net income in the same period last year.

Revenues also missed analyst expectations by 8.8 percent, and earnings per share (EPS) missed estimates by 20 percent, further dampening investor sentiment.