🔴 Marathon Digital Holdings is trading 5% down in pre-market as Nasdaq Composite falls 1.62%

Marathon Digital Holdings is trading 5.26% down at $11.35 after broad pre-market risk-off sentiment pushed the Nasdaq Composite lower.

• The Nasdaq Composite fell 1.62% and the S&P 500 declined 0.67% in pre-market trading.
• Bitcoin is modestly higher, up 0.63% since the previous close, so cryptocurrency weakness does not explain the decline.
• No fresh company-specific catalyst was identified; the latest notable company news remains its Q2 loss and revenue miss, reported in August.