Why Is Rapid7, Inc. (NASDAQ: RPD) Stock Down Today?

Rapid7, Inc. (NASDAQ: RPD) Summary

Rapid7, Inc. (NASDAQ: RPD) is trading up +2.87% at $12.19, reflecting a positive shift in investor sentiment today. The stock opened at $11.97 and has moved between $11.73 and $12.26 so far.

Trading volume is 1420069, which is 42% below its average, and the price action suggests buying interest.

Technically, RPD on the NASDAQ is trading above its 50-day moving average of $10.12 and above its 200-day moving average of $9.96, indicating short-term and long-term strength.

Analyst sentiment is neutral. Meyka's AI assigns RPD a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +0.82% in 1 month ($12.29), -100.00% in 1 year ($0.00), and -100.00% in 5 years ($0.00).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NASDAQ.
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