Cryptocurrencies are roaring back, making crypto mining plays such as SOS Limited (SOS) appear more attractive. Given the recent rise of Bitcoin (BTC) and Ethereum (ETH) to all-time highs, this sector is once again red-hot. However, SOS stock is one that has substantially underperformed its peers of late. Recently, the company has come under fire from investors for a big stock offering. Additionally, Chinese regulatory crackdowns and outright bans aren't good for Chinese-based crypto miners such as SOS. As such, this is a stock that's under pressure. Sure, there are other businesses that are included in the company's portfolio. SOS isn't necessarily a pure-play crypto miner.
https://www.tipranks.com/news/article/sos-stock-how-does-this-crypto-mining-play-stack-up?utm_source=advfn.com&utm_medium=referral
SOS (NYSE:SOS)
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SOS (NYSE:SOS)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more SOS Charts.