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Benzinga
Benzinga
Business
Adam Eckert

WhiteFiber Stock Is Rising Tuesday: What's Going On?

WhiteFiber
AI3d,Graphics,Concept:,Big,Data,Center,Female,Chief,Technology,Officer

WhiteFiber Inc (NASDAQ:WYFI) shares are trading higher Tuesday after multiple analyst firms initiated coverage on the stock with positive ratings and price targets well above current levels.

What To Know: WhiteFiber went public in July after Bit Digital Inc (NASDAQ:BTBT) announced plans to spin out the company through a proposed initial public offering. As a provider of AI infrastructure solutions, WhiteFiber owns high-performance computing data centers and provides cloud services to customers.

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