On August 6, TeraWulf Inc. fell 5.03% in regular trading, trading at $17.67/share, with turnover of $28.45 million. The decline extends selling pressure triggered by the company's Q2 earnings report released on August 5.

TeraWulf posted a Q2 loss of $1.94 per diluted share, dramatically missing the analyst consensus estimate of a $0.31 loss, representing a deviation of approximately 782%. Revenue came in at $44.8 million, also below the $46.4 million estimate and down from $47.6 million a year earlier. The loss widened sharply from just $0.05 per share in the year-ago period.

Notably, TeraWulf had previously garnered bullish institutional sentiment following its 20-year, approximately $19 billion data center lease agreement with Anthropic at its Justified Data campus in Kentucky. B. Riley had raised its price target to $40 from $32, maintaining a Buy rating, while multiple firms including Chardan, Bernstein, and BofA Securities also held Buy ratings with targets in the $32-$36 range. However, the severe earnings shortfall has significantly undermined near-term market confidence.

(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.)