Somewhat Critical News Coverage Somewhat Unlikely to Impact Riot Blockchain (RIOT) Share Price

Media coverage about Riot Blockchain (NASDAQ:RIOT) has trended somewhat negative on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Riot Blockchain earned a news sentiment score of -0.11 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 42.5795958851332 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern’s scoring:

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Shares of RIOT traded down $0.50 during trading hours on Monday, reaching $7.25. 571,970 shares of the company traded hands, compared to its average volume of 1,957,278. Riot Blockchain has a 12-month low of $3.40 and a 12-month high of $46.20.

Separately, BidaskClub lowered shares of Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 30th.

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Riot Blockchain Company Profile

Riot Blockchain Inc, formerly Bioptix, Inc, intends to gain exposure to the block chain ecosystem through targeted investments in the sector, with a primary focus on the bitcoin and Ethereum blockchains. The Company also provides Enhanced Surface Plasmon Resonance (SPR) platform for the detection of molecular interactions.

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