The's Trading Volume Plummets 50% to 179th Rank Despite Three-Day Stock Price Surge

On June 23, 2025, The's trading volume was 4.45 billion, a significant decrease of 50.39% compared to the previous day, ranking 179th in the day's stock market activity. The stock price of The increased by 3.06%, marking the third consecutive day of gains, with a total increase of 3.83% over the past three days.

Bank of America raised its target price for The from $289.00 to $296.00 in a note issued to investors on Monday. This adjustment reflects a positive outlook on the company's performance and potential for growth.

Royal Bank of Canada also increased its target price for The from $410.00 to $420.00, maintaining an "outperform" rating in a research note. This move indicates confidence in the company's future prospects and its ability to outperform the market.

UBS Group decreased their target price on shares of The from $430.00 to $400.00 and set a “buy” rating on the stock in a research report on Monday. This adjustment suggests a more cautious stance on the company's near-term performance, while still recommending it as a buy.

The company reported a first-quarter beat, driven by higher prices, despite weak housing conditions due to high interest rates. This financial performance highlights the company's resilience and ability to adapt to challenging market conditions.