Society Pass shares fall 12.85% after-hours as Greenridge analyst lowers price target to $20 from $25.

Society Pass fell 12.85% in after-hours trading following Greenridge analyst William Gregozeski’s reduction of the firm’s price target for the stock to $20 from $25, despite maintaining a Buy rating. The revised target reflects a bearish reassessment of the stock’s near-term valuation potential, prompting investor skepticism and triggering a sharp decline in after-hours activity. The move aligns with the analyst’s caution, as the lowered price point may signal reduced confidence in the company’s ability to meet prior growth expectations.