MARA Holdings Inc. (MARA) saw its stock price surge nearly 5% in pre-market trading on Friday, driven by the digital asset technology company's strong earnings report and record growth revealed in its latest quarterly earnings call.
On Thursday, MARA Holdings reported earnings per share that defied analysts' expectations, according to its Q4 2024 earnings results. The company's solid financial performance and impressive growth metrics were further highlighted during its earnings call, where it discussed strategic shifts and expansions that contributed to the record growth.
Investors responded positively to MARA's earnings surprise and bullish forward outlook, bidding up the stock significantly higher ahead of the opening bell. The surge reflects renewed confidence in MARA's ability to capitalize on emerging trends and solidify its positioning in the digital asset technology space.