Cipher Mining is trading 4.55% down at $6.20 after analyst price-target cuts amid concerns the Texas election result could prolong uncertainty around data-center development.
- It closed at $6.50 on November 4, after dropping 19.95% that session.
- Q3 revenue missed estimates, adding to pressure. Bitcoin is down 0.74% since its last close, a modest same-direction move that does not by itself explain the larger stock decline.
- Technology is also weak pre-market, providing additional sector context.