Hut 8's (HUT) Tuesday third quarter earnings report showed record revenue and solid profitability, but the stock tumbled nearly 13% after investors were let down by the lack of an AI hyperscaler tenant announcement at its River Bend site in Louisiana, Wall Street broker Benchmark said in a report on Wednesday. The selloff was “short-sighted and unwarranted,” wrote analyst Mark Palmer, who argued it’s not a matter of if a deal happens, but when. He maintained his buy rating and $78 price target. Tuesday's ...