Keel Infrastructure is trading now at $17.30 (-7.44%) after investors continued reacting to weak second-quarter results announced August 10.
- Q2 revenue fell 50% year over year to $30 million
- The company reported a $64 million loss from continuing operations and negative adjusted EBITDA during its Bitcoin-mining shutdown and AI/HPC transition
- Broader markets were mixed, and the decline appears company-specific