Aspen Aerogels(ASPN) Plunges 5.99% on Analyst Downgrade

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 8:01 pm ET1min read

Aspen Aerogels(ASPN) shares plummeted 5.99% today, marking the fourth consecutive day of decline, with a total drop of 21.81% over the past four days. The stock price hit its lowest level since March 2020, experiencing an intraday decline of 8.24%.

One of the key factors influencing Aspen Aerogels' stock price is the recent adjustment in analyst ratings.

analyst Jeff Osborne maintained a buy rating on the company but lowered the target price from $15 to $11. This adjustment can significantly impact investor sentiment, leading to fluctuations in the stock price.

Another critical event on the horizon is Aspen Aerogels' upcoming earnings report, scheduled for May 7, 2025. The company is expected to report earnings of -$0.05 per share. Earnings reports are pivotal moments that can greatly influence stock prices, as they provide insights into the company's financial performance and future prospects.

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