Why Riot Platforms, Inc. (RIOT) stock rose 13.5% intraday on Wednesday, November 4, 2026
Riot Platforms, Inc. (RIOT) traded at $15.92 as of 1:31 PM ET, up 13.52% on Wednesday, November 4, 2026, on volume of 64,646,172 shares (3.4× its 3-month average); market value about $6.00B.
RIOT was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.
What happened: primary sources
Events Nexqual found for RIOT on Wednesday, November 4, 2026 or the trading day before (November 3, 2026):
- Nov 4, 2026: Reported quarterly results (SEC 8-K) for the quarter ended Sep 30, 2026: EPS $0.13 vs consensus −$0.31 (beat), on the analysts' basis (usually adjusted, not GAAP). source
- Nov 4, 2026: SEC 8-K: Ended a material agreement source
Quoted from the filing: “On October 29, 2026, the Digital Asset Custodial Agreement, dated as of November 1, 2023 (the "NYDIG Custodial Agreement" ), between Riot Platforms, Inc. (the "Company" ) and NYDIG Trust Company LLC ( "NYDIG Trust" ), terminated automatically upon completion of the transfer of the Company's digital assets held by NYDIG Trust to BitGo Bank & Trust, National Association ( "BitGo Bank & Trust" ) as previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on…” - Nov 4, 2026: SEC 10-Q: Quarterly report, period ended Sep 30, 2026 source
- Nov 4, 2026: Cantor Fitzgerald: Target raised, Overweight, price target $24 → $37
These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.
More on RIOT
RIOT stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: November 4, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:46 UTC. Not investment advice.
Data source: Nexqual. Last updated: November 10, 2026 at 16:46 UTC. This page is informational and not investment advice.
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