Why Data Storage Shares Are Trading Higher By 35%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 16 2025
0mins
Source: Benzinga
Data Storage Corporation's Stock Surge: Data Storage Corporation's shares rose 34.9% in pre-market trading after announcing plans to sell its subsidiary CloudFirst and initiate a share buyback, with CEO Chuck Piluso expressing confidence in the company's future.
Pre-Market Trading Highlights: Several stocks saw significant movements in pre-market trading, including Graphjet Technology (+99%), Nuwellis, Inc. (+66.5%), and GameSquare Holdings, Inc. (+36.4%), while Soluna Holdings, Inc. experienced a sharp decline of 40.7%.
Analyst Views on SLNH
Wall Street analysts forecast SLNH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLNH is USD with a low forecast of 1.00 USD and a high forecast of 1.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 1.600
Low
1.00
Averages
High
1.00
Current: 1.600
Low
1.00
Averages
High
1.00
About SLNH
Soluna Holdings, Inc. is a digital infrastructure company specializing in transforming surplus renewable energy into computing resources. It operates modular data centers co-located with wind, solar, and hydroelectric power plants, supporting compute-intensive applications, including bitcoin mining, generative artificial intelligence (AI), and scientific computing. Its segments include Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing (HPC). Its Soluna Cloud Services business provides HPC services to support generative AI workstreams and proprietary software MaestroOS helps to energize a greener grid while delivering computing solutions and superior returns. It offers colocation and hosting services for companies seeking to train large language models (LLMs), fine-tune existing artificial intelligence models, and deploy other compute-intensive AI or HPC workloads. It also provides hosting services to third-party Bitcoin mining customers at its data centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
