U.S. stock night trading fluctuations: Analysts raising target prices cannot stop the downward trend, CleanSpark's stock price is under pressure due to insufficient market confidence, dropping 10.26% in night trading

U.S. Stock Night Market Movements

CleanSpark fell 10.26% in the night market. According to recent important news:

1. On October 15, B. Riley Securities raised CleanSpark's target price from $17 to $25 and maintained a buy rating. This positive analyst action failed to prevent the stock price from falling, reflecting a lack of market confidence in the stock;

2. On October 14, there was a strong buy consensus on CleanSpark in the market, with an average target price of $21.03, indicating a potential upside of 4.94%. However, the stock price performance did not meet expectations, possibly due to overall weak market sentiment;

3. Recent analyst ratings for CleanSpark have been moderate buy, but some analysts believe that five other stocks offer better investment value, which may lead to decreased investor interest in CleanSpark. Market sentiment is weak, and investor confidence is lacking.

Stocks with High Trading Volume in the Industry

Strategy fell 3.15% in the night market. According to recent important news:

1. On October 14, the U.S. imposed additional tariffs on China, triggering a $19.16 billion liquidation of cryptocurrencies, leading to significant market volatility. The value of Bitcoin held by Strategy was affected, putting pressure on the stock price;

2. On October 14, Strategy increased its holdings by 220 Bitcoins during the market downturn, bringing its total holdings to 640,250 Bitcoins, demonstrating long-term confidence in Bitcoin, but the market expressed concerns over its high leverage and negative cash flow;

3. On October 15, analysts rated Strategy as a strong buy, with a target price of $540.27, reflecting optimistic expectations for its future growth. The cryptocurrency market is experiencing increased volatility, and risks should be monitored.

IREN fell 10.06% in the night market. According to recent important news:

1. On October 17, the decline in Bitcoin prices and the overall weakness of the cryptocurrency market led to a drop in IREN's stock price. IREN's stock price retreated from recent highs, with a trading volume of 40 million shares. Source: MarketBeat

2. On October 15, IREN completed a $1 billion convertible senior note issuance, and analysts raised their target prices to $75. This move is seen as recognition of the company's AI cloud service potential. Source: TipRanks

3. On October 15, well-known short-seller Jim Chanos questioned IREN's growth prospects, stating that its financial forecasts were unrealistic, leading to a decrease in market optimism. Source: MarketBeat The cryptocurrency market is weak, and the potential of AI services is under scrutiny.

Palantir Tech fell 3.17% in the night market. According to recent important news:

1. On October 16, Palantir announced a partnership with Snowflake to integrate AI data cloud platforms, driving the stock price up by 1.3%. This collaboration will enhance data analysis efficiency and attract investor attention.

2. On October 15, Global X Japan reduced its holdings by 15,730 shares of Palantir stock, valued at approximately $2.55 million, leading to a decline in market confidence in the stock.

3. On October 14, Palantir announced that it will release its third-quarter financial report on November 3, with the market full of expectations for the sustainability of its AI-driven growth. The AI industry is growing rapidly, increasing market volatility risks