MARA Stock Slides Nearly 11% in One Session, Breaks Below $6
As seen on the 24/7 Wall St. homepage on November 5, 2026.
A 10.8% drop to $5.98 from a $6.70 open takes roughly $280 million off this $2.3 billion miner in one session, and it leaves the stock trading below $6 for the first time in this slide. Another leg lower puts the single-digit floor in play.
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The close at $5.98 erased roughly $280 million in market value, and every further decline now bites harder for shareholders.
The selling ran in a near-unbroken staircase lower from the opening bell through the final hour of regular trading, with almost no sustained bounce for buyers to work with.
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For a stock in this price range, $6 carries real psychological weight, and trading beneath it for the first time in this slide opens the door to a retest of single-digit floor support that has not been in play recently.
This Bitcoin miner tends to move with amplified force relative to the broader crypto market. A session loss of this size, absent any single catalyst named in the available data, reflects the kind of pressure that carries broader digital-asset weakness into subsequent sessions.
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Mentioned: MARA