TeraWulf stock declines on $900 million share sale to fund AI data center expansion
Burns Brief
The shares had been on a big run higher, rising more than 50% since late March The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The shares had been on a big run higher, rising more than 50% since late March.
Key Takeaways
- The shares had been on a big run higher, rising more than 50% since late March