Soluna Holdings Directors Cash In on Stock Sales!
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Soluna Holdings directors sold shares, with William P Phelan selling 10,738 shares for $102,645 and Edward R Hirshfield selling 4,741 shares for $46,255. H.C. Wainwright upgraded Soluna to a Buy rating due to strong development and renewable energy partnerships. Despite 37% Q3 revenue growth and a $32M offering, challenges remain with high leverage and profitability issues. Analysts maintain a Hold rating with a $1.50 price target. Spark rates SLNH as Neutral, noting bearish momentum and poor valuation metrics.
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