False 8, report of 16% rise compared to previous closing price... Intraday on the 3rd, earnings announcement on th

Hut 8 ($HUT) shares reportedly rose about 16% intraday on the 3rd to $63.62, up from the prior close of $55.01, with Riot Platforms and Marathon Holdings gaining roughly 14% and 9% over the same period. The move came ahead of Hut 8's Q3 earnings release scheduled before the U.S. market open on the 4th. The article cautioned that the synchronized gains alone do not establish AI data center business or the upcoming earnings as the cause, and noted the quoted gain is based on the prior close rather than a confirmed exchange intraday print. Investors will watch Hut 8's Q3 results and earnings call for details on its AI data center strategy and mining economics.