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NASDAQ: HUT
Hut 8 (HUT) stock, explained like you're 5
Hut 8 trades on the Nasdaq under the ticker HUT. It is a large cap company in the consumer services industry, part of the financial services sector, with a market value of about 10.4 billion dollars.
- Ticker
- HUT
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Consumer Services
- Size
- Large cap, about 10.4 billion dollars
Is Hut 8 a small, medium or large cap company?
Yes. Hut 8 is a large cap stock. Its market cap, which is the total value of all its shares, is about 10.4 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Hut 8 makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves HUT stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Hut 8 (HUT) Stock Could Be Pricey Following Its Q3 Earnings Date (Yahoo Finance)
- Hut 8 Backed American Bitcoin To Slash Share Count By More Than 90% In Reverse Split (Stocktwits)
- Why is Hut 8 stock sliding today? (Investing.com)
- Hut 8 (TSE:HUT) Stock Price Down 8.1% What's Next? (MarketBeat)
- Cantor Calls WULF, HUT, CORZ Stocks ‘Generational Buys’ Amid Price Target Cuts Across The Sector (TradingView)
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Questions about Hut 8 stock
What does Hut 8 do?
Hut 8 trades on the Nasdaq under the ticker HUT. It is a large cap company in the consumer services industry, part of the financial services sector, with a market value of about 10.4 billion dollars.
What is the ticker symbol for Hut 8?
Hut 8 trades under the ticker HUT on the Nasdaq.
What is Hut 8's market cap?
Hut 8 is a large cap stock with a market cap of about 10.4 billion dollars.
How does Hut 8 make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves HUT stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow HUT stock every day?
Add HUT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.