Cryptocurrency Q&A Why are Genesis shares falling?

Why are Genesis shares falling?

CryptoAce CryptoAce Sun Nov 17 2024 | 7 answers 1586
I'm concerned about the recent decline in Genesis shares. I want to understand the reasons behind this drop. Is it due to market conditions, company performance, or other factors? I'm seeking insights to explain this trend. Why are Genesis shares falling?

7 answers

CryptoMercenary CryptoMercenary Tue Nov 19 2024
Genesis reported a decline in earnings from the previous year's record levels.

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Lucia Lucia Tue Nov 19 2024
The previous year's earnings were significantly boosted by high lake levels.

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mia_rose_painter mia_rose_painter Tue Nov 19 2024
High lake levels allowed for cheaper generation of electricity.

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ethan_carter_engineer ethan_carter_engineer Mon Nov 18 2024
This year, Genesis faced an increase in operating costs.

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CryptoWanderer CryptoWanderer Mon Nov 18 2024
Additionally, a key unit at its coal and gas-fired Huntly station experienced an outage.

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