Greenwich Generation Holdings Gree The stock traded about 55% higher at $1.02 on Thursday afternoon. Shares of several companies in the broader tech sector, including Greenidge Generation, have risen amid bullishness across markets following his December CPI report, which showed signs of containing inflation. are traded.
Greenidge Generation also traded higher on Thursday as several crypto stocks rose amid rising Bitcoin and Ethereum prices.
What happened to Thursday’s CPI data?
Data reported by the Labor Department on Thursday showed the consumer price index rose 6.5% in December from 7.1% in November.
The consumer price index for December was in line with economists’ average forecast of 6.5%.
Excluding volatile food and energy prices, core inflation rose 5.7% in December, in line with the average economist forecast of a 5.7% increase…read more
According to Benzinga Pro data, GREE has a 52-week high of $16.32 and a 52-week low of $0.22.
