Shares of Bit Digital (BTBT) rose 46.20%, Marathon Patent Group (MARA) was up 42.41% while Riot Blockchain (RIOT) increased 40.25% among other stocks that made the headlines. We have highlighted below some of the reasons for the price movements.
Bit Digital Inc (BTBT)
Bit Digital shares traded higher amid an increase in the price of bitcoin. The share price of the online finance marketplace lending company rose 46.20% its opening price of $20.61 to close Monday at $25.60.
Marathon Patent Group (MARA)
Shares of MARA was up 42.41% following an increase in the price of bitcoin. It opened trading on Monday at $26.94 to close at $32.07 which was its high on the trading day as well as 52-week high.
Riot Blockchain Inc (RIOT)
Riot Blockchain shares grew 40.25% amid an increase in the price of bitcoin and Tesla making a USD1.5 billion investment in bitcoin. MARA engages in the provision of investment services to the blockchain ecosystem as well as manufacturing in-vitro substances.
Clean Energy Fuels Corp. (CLNE)
Clean Energy shares traded higher amid a report that Amazon ordered 1,000 truck engines that run on compressed natural gas. The provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. Its price moved from $16.90 to close at $17.87 in the day’s session.