🔴 Terawulf is trading 4.04% down today after Morgan Stanley lowered target to $62.50

Terawulf is trading 4.04% down at $16.50 after Morgan Stanley lowered its price target to $62.50 from $72 while maintaining an Overweight rating.

• The action is the clearest company-specific catalyst for August 13, 2026, and may pressure shares despite broadly positive technology and equity-market sentiment.
• Bitcoin is nearly flat since the August 12 close; Ethereum is down 0.71%, while approximately 35.36 million shares traded that session.
• No new earnings release, financing announcement, or major operational disclosure was identified for August 13.