Khadija Saeed

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Robinhood (HOOD) slips after-hours as Needham trims target, flags weak crypto volumes

Robinhood (HOOD) slips after-hours as Needham trims target, flags weak crypto volumes

Robinhood Markets, Inc. shares fell 0.6% to $117.43 in after-hours trading on Monday, outside the regular 9:30 a.m. to 4 p.m. session, after Needham cut its price target to $135 from $145 while reiterating a buy rating. The brokerage trimmed estimates across the crypto-asset sector, saying it expects continued weakness in crypto trading volumes for the next couple of quarters and that retail activity often stays muted until momentum returns. The stock traded between $115.69 and $118.88 during the session, with about 15.3 million shares changing hands. TipRanks
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Taiwan Semiconductor

NYSE: TSM 96 / 100
#2 BUY

AerCap

NYSE: AER 95 / 100
#3 BUY ON PULLBACK

Constellation Energy

NASDAQ: CEG 93 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

American International Group

NYSE: AIG 87 / 100
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Editorial model selection. Not personalised advice.