Hut 8 (HUT) Gets Beaten as Bitcoin Drops

We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. Hut 8 Corp. (NASDAQ:HUT) is one of the biggest losers on Monday. Hut 8 fell for a second day on Monday, slashing 14.21 percent to close at 35.44apieceasinvestorstrimmedtheirpositionsfollowingthedeclineinBitcoinprices.Asofwriting,Bitcoinwasdownby2.27percentat35.44 apiece as investors trimmed their positions following the decline in Bitcoin prices. As of writing, Bitcoin was down by 2.27 percent at 86,168, with traders appearing to be taking early profits ahead of the Christmas holiday. Hut 8 Corp. (NASDAQ:HUT) declined alongside its peers, namel ...