Is Now the Time to Bet on SOS Stock?
- Date: 27-Jun-2021
- Source: Nasdaq
- Sector:Financial Markets
- Country:Middle East
Is Now the Time to Bet on SOS Stock?
Oh boy, crypto miners.
Companies like SOS Limited (SOS) have been on a rocky ride of late, to say the least. Since hitting a high of nearly $16 per share earlier this year during the initial meme stock rally, shares of SOS stock have been on a downward trajectory. Currently, SOS stock trades at around $3 per share, at the time of writing.
There are good reasons for this, and those will be described below. However, the real focus with SOS stock right now, at least among retail investors, is the company's newfound focus on crypto mining.
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