Riot Platforms Trading Volume Surges to $384 Million, Ranked 255th Despite Stock Price Decline

On June 13, 2025, Riot Platforms (RIOT) experienced a significant trading volume of $384 million, marking a 39.86% increase from the previous day. This surge placed Riot in the 255th position in terms of trading volume for the day. However, the stock price of Riot Platforms declined by 4.80%, marking the second consecutive day of decline, with a total decrease of 7.87% over the past two days.

Riot Platforms' stock price decline may be attributed to the recent unrest at the Delaney Hall Detention Facility in Newark, New Jersey. The facility, operated by the for-profit company GEO Group, has been the site of a riot involving up to 50 detainees who pushed down a dormitory wall in protest of their living conditions. This incident led to the escape of four detainees, who reportedly used bedsheets to parachute to the ground.

The unrest at the facility has raised concerns about the treatment of detainees and the lack of oversight. Newark Mayor Ras Baraka expressed his concerns, stating that the situation lacks sufficient oversight of basic details, including local zoning laws and fundamental constitutional rights. The facility has also been accused of withholding food from prisoners and providing inadequate meals at irregular intervals, leaving detainees hungry and weak for hours.

The incident has drawn attention from local officials and congressmen, who visited the site and confirmed major movement of detainees out of the facility. The search for the escaped detainees is ongoing, and the situation remains under investigation. The unrest at the facility has also sparked protests and strikes among detainees, further highlighting the tensions and issues within the immigration detention system.