Sphere 3D Corp ANY shares are trading lower in sympathy with the overall market as investors weigh continued concerns over COVID-19, the Feds two-day meeting and a sell off in Chinese equities.
The company has cryptocurrency exposure and could also be trading lower in sympathy with the price of Bitcoin and Ethereum.
Sphere 3D is otherwise trading higher by 40.9% over the past month amid increased ongoing retail investor interest in the company.
Sphere 3D delivers virtualization technology and data management solutions. It operates in one segment, which is providing data management and desktop and application virtualization solutions for small and medium businesses and distributed enterprises.
Sphere 3D is trading lower by 9.5% at $5.66. Sphere 3D has a 52-week high of $11.98 and a 52-week low of $1.23.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
