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Why Plug Power (PLUG) Shares Are Plunging Today
Shares of fuel cell technology Plug Power (NASDAQ:PLUG) fell 7.3% in the morning session after an analyst at TD Cowen downgraded the stock to Hold from Buy and lowered the price target to $2 from $4.
Why Is Lam Research (LRCX) Stock Soaring Today
Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 8% in the morning session after Goldman Sachs raised its price target on the stock amid broad strength in the semiconductor industry.
Why Mattel (MAT) Shares Are Sliding Today
Shares of toy manufacturing and entertainment company (NASDAQ:MAT) fell 3% in the morning session after Goldman Sachs downgraded the stock from "Buy" to "Neutral," citing worries about the company's growth prospects and the broader economic environment for the toy industry.