CleanSpark Stock Rises as Management Responds to Short Report

Jon Quast, The Motley Fool
·2-min read
CleanSpark Stock Rises as Management Responds to Short Report

Shares of CleanSpark (NASDAQ: CLSK) started rising late yesterday and continued rising Friday morning after management issued a press release in response to a short report from Culper Research. As of 11 a.m. EST, CleanSpark stock was up only about 5%, but it had been up 10% earlier in the session. The short report was published on Jan. 14, and since then CleanSpark stock has fallen roughly 25%.