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We recently published a list of What Sent These 10 Stocks Soaring Today? In this article, we are going to take a look at where MARA Holdings Inc. (NASDAQ:MARA) stands against other Friday’s best-performing stocks.
The stock market edged lower on the last day of the trading week as investors sold off positions to mitigate risks from the anticipated trade talks between the US and China this weekend.
The Dow Jones and the S&P 500 both fell by 0.29 percent and 0.07 percent, respectively. In contrast, the tech-heavy Nasdaq ended flat.
Beyond the major indices, 10 companies traded strongly, finishing with as much as double-digit gains, thanks to the continued positive earnings performance and optimistic outlooks.
In this article, we name Friday’s 10 best-performing stocks and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
An aerial view of a bustling financial district, with skyscrapers and a large financial institution in the city center.
MARA Holdings Inc. (NASDAQ:MARA)
MARA Holdings extended its winning streak for a fourth straight day on Friday, adding 10.29 percent to finish at $15.76 apiece as investor sentiment was buoyed by its strong revenue performance in the first three months of the year.
In its letter to shareholders, MARA Holdings Inc. (NASDAQ:MARA) said that revenues increased by 30 percent to $213.9 million from the $165 million registered in the same period last year, thanks to the 77 percent increase in average Bitcoin prices, which partially offset lower Bitcoin production.
However, the company remained at a net loss of $533.4 million versus a net income of $337.2 million in the first quarter of last year.
“Although we recognized a loss in [the first quarter] based on a quarter-end [Bitcoin] price of $82,534, the current BTC price of approximately $100,000 would imply a substantial fair value gain,” the company noted.
Overall, MARA ranks 8th on our list of Friday’s best-performing stocks. While we acknowledge the potential of MARA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MARA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.