Boost Run Inc. closed 5.6% lower at $35.95 and continued to slide in after-hours trading, falling to $34.51. The decline occurred despite positive commentary from Wall Street analysts on June 4.
- Craig-Hallum maintained a 'Buy' rating and significantly raised its price target by 50% to $45.00 from $30.00.
- DA Davidson also reiterated its 'Buy' rating with a $45.00 price target.
- The negative price action appears to be driven by a broader market sell-off in technology and cryptocurrency sectors, which overshadowed the positive company-specific news.