Stocks · News reference
Why Is Hut 8 Stock Trending After Hours?
Hut 8 shares rise 1.07% after hours following a 10.87% regular-session drop, as analysts maintain bullish price targets.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Hut 8 shares are trading lower after Cantor Fitzgerald lowered its price target on the stock from $180 to $151.
Cantor Fitzgerald Maintains Overweight on Hut 8, Lowers Price Target to $151
Cantor Fitzgerald analyst Brett Knoblauch maintains Hut 8 (NASDAQ:HUT) with a Overweight and lowers the price target from $180 to $151.
Shares of AI cloud services companies are trading lower amid persistent concerns over the debt levels needed to sustain the AI cloud compute buildout. Also, U.S. inflation and producer price data this week support expectations for more Fed rate hikes, further straining high-yield credit markets.