Core Scientific, Inc. is trading 5.5% down at $25.66 as a broad risk-off move impacts crypto-linked stocks and the wider technology sector.
- Bitcoin is down 3.41% and Ethereum has fallen 2.78% since the last close, creating significant pressure on mining companies.
- The NASDAQ has declined 2.57%, weighing on high-beta names following a sharp intraday reversal in technology shares.
- There are no company-specific announcements; the price action is primarily tied to weaker cryptocurrency prices and broader market sentiment.