Cipher Mining Shares Fall 15.30% Intraday to $11.00 Tuesday

Cipher Mining shares fell 15.30% during Tuesday’s trading session, reaching $11.00 in a sharp intraday move for the stock.

The company’s shares were at $11.00 after the decline. The figure represents the stock’s price during the session and does not establish where it will finish at the close.

The move was recorded on Oct. 13, as Cipher Mining’s stock came under pressure during the trading day.