The Latest Breaking News from BitNile Holdings Inc

3 Financial Services Stocks Investors Shouldn't Be Buying Right Now

Financial services providers usually benefit from a rising interest rate environment due to the positive correlation of their revenues with interest rates. However, financial services stocks SoFi Technologies (SOFI), Marathon Digital (MARA), and BitNile (NILE) are not well-positioned to capitalize on the current rate environment. One should avoid these stocks…

StockNews.com · Oct 11, 2022

5 Penny Stocks to Avoid at All Costs in 2022

Considering the resiliency of the labor market, the Fed is expected to continue with its aggressive rate hikes. On the other hand, the recession odds are rising. Therefore, fundamentally weak penny stocks Tellurian (TELL), Gevo (GEVO), FingerMotion (FNGR), Faraday Future Intelligent Electric (FFIE), and BitNile (NILE) might be best avoided…

StockNews.com · Oct 10, 2022

Executives Buy Around $35M Of 4 Penny Stocks: Nextdoor, GreenLight Biosciences And More

The Dow Jones jumped by around 150 points on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

Benzinga · Aug 16, 2022

Why Bitcoin- And Ethereum-Related Stock BitNile Is Diving Today

Bitnile Holdings Inc (NASDAQ: NILE) shares are trading lower by 12.65% at $0.27. The company reported first quarter sales results were higher year-over-year during Monday’s after-hours session.

Benzinga · May 24, 2022

Why BitNile Stock Is Trading Higher Today

BitNile Holdings Inc (AMEX:NILE) shares are trading higher after Monday the company announced 2021 financial results showing higher revenues year-over-year. BitNile said full-year 2021 revenue increased 120% year-over-year to $52 million. The company reported a net loss of $24.2 million, which was improved from a net loss of $32.7 million…

Benzinga · Apr 18, 2022

Why BitNile Shares Are Soaring

BitNile Holdings Inc (AMEX:NILE) shares are trading significantly higher Monday after the company said its EV charging subsidiary TurnOnGreen will be acquired by BitNile subsidiary Imperalis.

Benzinga · Mar 21, 2022