HomeStockHUT Stock Gains After Morgan Stanley Starts Coverage With Overweight

HUT Stock Gains After Morgan Stanley Starts Coverage With Overweight

The post HUT Stock Gains After Morgan Stanley Starts Coverage With Overweight appeared first on Coinpedia Fintech News

Hut 8 Corp. (NASDAQ: HUT) stock surged more than 7% yesterday after Morgan Stanley initiated coverage on Hut 8 with an “Overweight” rating, adding fresh institutional support to a company increasingly viewed as more than a Bitcoin miner. The bullish call helped HUT stock break off a multi-week trendline, reversing recent weakness and placing HUT …