Greenidge Outperforms Peers as B Riley Analyst Sees Higher Earnings Potential

Greenidge Outperforms Peers as B Riley Analyst Sees Higher Earnings Potential
Greenidge Generation outperformed other crypto miners, as the Wall Street firm B Riley hiked the company’s price target and earnings estimates citing its expansion plans.Greenidge shares (GREE) rose more than 6%, while most crypto miners were down on Tuesday, making the stock’s share price jump all the more notable.The miner said on Oct. 25, that it is eyeing expansion into Texas and buying a site in South Carolina, as well as doubling its recent order of S19j Pro mining machines from Bitmain to 22,500 units, bringing the total order to 29,000 miners.The company, which merged with Support.com to go public,…