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Why Cipher Mining Stock Soared on Monday Morning

Missing earnings usually means falling stock prices, right? Not when you announce a massive Amazon deal on the same day.Shares of Cipher Mining (CIFR +23.32%) skyrocketed on Monday morning. The jump peaked around 10 a.m ET with a 34.6% gain. Cipher's stock cooled down somewhat to a 20.1% increase by 2:15 p.m. ET. The Bitcoin mining company published third-quarter results early in the morning, missing Wall Street's expectations across the board.NASDAQ : CIFRCipher MiningToday's Change( 23.32 %) $ 4.35Current ...