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The latest update is out from Mawson Infrastructure Group ( (MIGI) ).
On July 8, 2025, Mawson Infrastructure Group Inc. terminated Rahul Mewawalla’s employment as CEO and President for cause, resulting in the forfeiture of his unvested restricted stock units. The company also requested his resignation from the Board, which was effective immediately. Additionally, Mawson filed a lawsuit against Mewawalla in the Delaware Court of Chancery, alleging breach of fiduciary duties and fraud.
Spark’s Take on MIGI Stock
According to Spark, TipRanks’ AI Analyst, MIGI is a Neutral.
Mawson Infrastructure Group’s stock score is primarily impacted by its precarious financial situation, characterized by recurring losses and high leverage. While the technical analysis shows some short-term bullish indicators, the long-term outlook remains weak. The company’s valuation is hindered by a negative P/E ratio and lack of dividends. However, the notable revenue growth in digital colocation and energy management provides some positive outlook, indicating potential for future improvement if financial stability can be achieved.
To see Spark’s full report on MIGI stock, click here.
More about Mawson Infrastructure Group
Average Trading Volume: 348,189
Technical Sentiment Signal: Strong Sell
Current Market Cap: $11.08M
For an in-depth examination of MIGI stock, go to TipRanks’ Overview page.