Rocket Lab, Taiwan Semiconductor And Other Big Stocks Moving Lower In Thursday’s Pre-Market Session
Rocket Lab shares fell 9.5% after Neutron’s first launch was delayed to 2027 due to manufacturing defects; other stocks also declined premarket.A
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DA Davidson Maintains Buy on Riskified, Raises Price Target to $7.5
DA Davidson analyst Clark Wright maintains Riskified (NYSE:RSKD) with a Buy and raises the price target from $6 to $7.5.
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Goldman Sachs Maintains Sell on Riskified, Raises Price Target to $7.5
Goldman Sachs analyst Will Nance maintains Riskified (NYSE:RSKD) with a Sell and raises the price target from $5.5 to $7.5.
Truist Securities Maintains Buy on Riskified, Raises Price Target to $9
Shares of software companies are trading lower after August's hotter-than-expected payrolls report increased expectations that the Federal Reserve could raise interest rates at its next meeting. A stronger U.S. dollar and higher rate expectations are weighing on growth stocks by reducing investor appetite for higher-risk assets.