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Hut 8 Shares Rise 8.5% on Wells Fargo Upgrade

By Stocks Desk · 2026-09-18 · Updated 2026-09-18 23:03 UTC
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Illustration: Tradingbird

Hut 8 Corp shares jumped 8.5% to $98.74 following a Wells Fargo upgrade, yet new data from GN stocks/shares-surge points to significant overvaluation concerns, including a low GF Score and substantial insider share disposals.

  • GN stocks/shares-surge highlights a GuruFocus analysis showing Hut 8 is trading at a 202% premium to its intrinsic value estimate, citing a GF Score of 18/100 and $13.2 million in recent insider selling as key valuation concerns.

    Source: GuruFocus

  • Hut 8 Corp. shares climbed 8.5% to $98.74 following a Wells Fargo upgrade to strong-buy, despite a recent quarterly earnings miss and insider share sales.

    Source: MarketBeat
Based on reporting by MarketBeat and GuruFocus, compiled by the Tradingbird desk.

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