Marathon Patent Group (MARA) stock: expect another pop?
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This company that acquires and monetizes patents exhibits extreme volatility. Most recently, the stock price popped on July 24 to $1.42 from $0.83 earlier in the month of July.
The company's customers range from individual inventors to Fortune 500 companies, and it monetizes of its patent portfolio by licensing it to individual companies or parties. Marathon owns over 500 patents; however, its market cap is a meager $19M.
A week ago, Marathon announced it received a formal notification from the NASDAQ Stock Market stating the company had regained compliance for continued listing on NASDAQ. Hence Marathon's common shares will continue to trade on NASDAQ.
This company that acquires and monetizes patents exhibits extreme volatility. Most recently, the stock price popped on July 24 to $1.42 from $0.83 earlier in the month of July.
The company's customers range from individual inventors to Fortune 500 companies, and it monetizes of its patent portfolio by licensing it to individual companies or parties. Marathon owns over 500 patents; however, its market cap is a meager $19M.
A week ago, Marathon announced it received a formal notification from the NASDAQ Stock Market stating the company had regained compliance for continued listing on NASDAQ. Hence Marathon's common shares will continue to trade on NASDAQ.