We recently compiled a list of the 10 Firms Mirror Broader Market Downturn Ahead of 2025. In this article, we are going to take a look at where MARA Holdings, Inc. (NASDAQ:MARA) stands against the other firms that mirror broader market downturn ahead of 2025.

Ten companies mirrored a wider market downturn on Monday, as investors repositioned their portfolios in preparation for 2025.

On Monday, the Dow shed 0.97 percent or 418 points, while the S&P's broader index decreased 0.95 percent or 56.48 points. The tech heavy Nasdaq registered the biggest decline, down 1.19 percent or 235.24 points.

In this article, let’s look at why some of the relatively larger-cap companies declined and what dragged down the performance of their shares.

An aerial view of a bustling financial district, with skyscrapers and a large financial institution in the city center.

MARA Holdings, Inc. (NASDAQ:MARA)

Bitcoin miner MARA Holdings, Inc. (NASDAQ:MARA) registered a 6.24-percent decrease in its share prices on Monday to close at $17.29 each.

Investors appeared to be cautious about the company's prospects, as seen in its past five and 30-day trading, having booked significant losses of 13.38 percent and 32.54 percent, respectively. The company was also down 24.6 percent year-to-date.

According to analysts, investor appetite was dampened by disappointing third-quarter results announced recently, including a $124.8 million net loss compared to a $64.1 million net income in the same period last year.

Revenues also missed analyst expectations by 8.8 percent, and earnings per share (EPS) missed estimates by 20 percent, further dampening investor sentiment.

Overall, MARA ranks 8th on our list of firms that mirror broader market downturn ahead of 2025. While we acknowledge the potential of MARA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MARA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.