On August 13, Cipher Mining Inc. fell 5.09% in regular trading, trading at $16.955/share, with turnover of $145 million. The stock retreated after a two-day technical bounce failed to sustain upward momentum.

The decline reflects the exhaustion of a short-lived rebound following a severe post-earnings selloff. The company reported Q2 EPS of -$0.65, far worse than the consensus estimate of -$0.22, representing a miss of approximately 195%. Revenue came in at $24.8 million, down 43% year-over-year and well below the $32.5 million estimate. The earnings shock triggered five consecutive days of decline totaling nearly 30% before the stock bounced on August 11 and 12, gaining over 6% and 10% respectively on those sessions.

On the positive side, the company's first AI data center, the Black Pearl campus, delivered capacity two months ahead of schedule. Subsidiary Stingray Compute secured $810 million in senior secured notes to fund data center construction, and multiple analysts maintain Buy ratings with a $32 price target, suggesting significant upside from current levels despite near-term earnings headwinds.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)