Why did MARA stock drop? — 2026-11-13

Research session: 2026-11-13. Published: 2026-11-13T21:32:00.899662+00:00.

Final report

MARA — MARA Holdings, Inc. - Common Stock

Session close: $6.99. Regular-session share volume: 38,911,089. Change from previous close: -2.92%.

Key developments

Macquarie lowered its price target on MARA Holdings while keeping an Outperform rating, citing an updated outlook on the company. The reduced target signals tempered expectations even as the firm retains a constructive stance.

Company news Macquarie Adjusts MARA Holdings Price Target to $20 from $26

Separately, a report on JPMorgan's crypto-related holdings noted positions across several bitcoin miners, including MARA, alongside a broader crypto selloff and weakness in bitcoin. This is sector context rather than a MARA-specific development.

Company mentioned — Mentions MARA in the article text. JPMorgan Raised Its MSTR Stake 36% Before Strategy’s MSCI Exit Blow

News sources

Company news Macquarie Adjusts MARA Holdings Price Target to $20 from $26

Full report for 2026-11-13