Marathon Patent Group (MARA) Trading Down 5.9%

Marathon Patent Group, Inc. (NASDAQ:MARA)’s share price was down 5.9% during trading on Tuesday . The company traded as low as $4.51 and last traded at $4.66. Approximately 7,155,000 shares were traded during mid-day trading, an increase of 509% from the average daily volume of 1,174,850 shares. The stock had previously closed at $4.95.

Separately, ValuEngine upgraded shares of Marathon Patent Group from a “sell” rating to a “hold” rating in a report on Saturday, November 25th.

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About Marathon Patent Group

Marathon Patent Group Inc (MARA) is engaged in acquiring patents and patent rights from owners or other ventures. The Company monetizes its portfolio of patents and patent rights by entering into license discussions. The Company owns around 378 United States and foreign patents, and patent rights across a range of technologies and markets.

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