Cipher Mining ( (CIFR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Cipher Mining shares slid into the mid-teens as trading in its options spiked and implied volatility surged, pointing to unusually large expected daily price swings of roughly $1.20–$1.33. Options data showed a mixed picture: call activity initially outpaced puts and the put‑call skew briefly flattened, hinting at some optimism, before steepening again as traders moved to buy more downside protection. In response to these choppy, sentiment-driven conditions—rather than any fresh company news—analysts have been tweaking their price targets, reflecting the market’s growing caution around the stock’s near‑term outlook.
More about Cipher Mining
YTD Price Performance: 19.92%
Average Trading Volume: 37,598,160
Technical Sentiment Signal: Buy
Current Market Cap: $7.49B
For further insights into CIFR stock on TipRanks’ Stock Analysis page.
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