DPW Holdings (DPW) Stock: Gains On Guidance Update

What We’re Seeing From The Stock 

As investors, one of the first lessons we learn is that the news moves the market. In this particular case, the news proved to be overwhelmingly positive as with the crypto downturn, many investors were expecting for revenue to miss the mark. So, it’s no surprise to see that DPW is making a run for the top today. Currently (8:57), DPW is trading at $1.84 per share after a gain of $0.22 per share or 13.93% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on DPW. In particular, we’re interested in watching to see how diversification of products keeps the revenue growth coming even in light of the recent downturn of the cryptocurrency sector. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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