HUT Stock Gains After Morgan Stanley Starts Coverage With Overweight

The post HUT Stock Gains After Morgan Stanley Starts Coverage With Overweight appeared first on Coinpedia Fintech News

Hut 8 Corp. (NASDAQ: HUT) stock surged more than 7% yesterday after Morgan Stanley initiated coverage on Hut 8 with an “Overweight” rating, adding fresh institutional support to a company increasingly viewed as more than a Bitcoin miner. The bullish call helped HUT stock break off a multi-week trendline, reversing recent weakness and placing HUT …