Nasdaq Dips Over 3%; Checkpoint Therapeutics Shares Jump
U.S. Stock Market Performance: U.S. stocks opened lower with the Dow Jones down 1%, NASDAQ falling 3.21%, and S&P 500 decreasing by 1.97%. Energy shares rose while information technology stocks dipped significantly.
Economic Outlook and Notable Stock Movements: President Trump hinted at potential recession risks but expressed confidence in future economic growth. Notable stock movements included significant gains for Sharps Technology, Redfin Corporation, and Checkpoint Therapeutics, while NET Power Inc. saw a sharp decline after reporting losses.
Get Free Real-Time Notifications for Any Stock
Analyst Views on NPWR
About NPWR
About the author
Citigroup Reaffirms Buy Rating on NET Power, Adjusts Price Target to $4
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.
Exclusive Content: Subscribers gain access to unique stories and insights generated by Benzinga reporters.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing their trading strategies.
Market Winning Tools: The platform provides essential tools and information to help traders succeed in the stock market.
Barclays Adjusts NET Power Rating to Equal-Weight and Increases Price Target to $3
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, helping them stay informed and make timely decisions in the stock market.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters, enhancing the trading experience for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, indicating a robust network for sharing market intelligence.
Market Winning Tools: Benzinga Pro is designed to equip traders with the tools and information necessary to succeed in their trading endeavors.