NASDAQ's After Hours Indicator saw a dip on Friday, with the index settling at 14,706.21. The after-hours volume reached a substantial 95,222,525 shares, with key stocks including Palantir Technologies (NYSE:PLTR) Inc., CRH (NYSE:CRH) PLC, and Horizon Therapeutics (NASDAQ:HZNP) Public Limited Company making notable movements.
Among the stocks that showed significant activity was Invesco QQQ Trust, which surged from its 52-week low. The trust is part of the key stocks in the NASDAQ after-hours trading. This surge comes as a positive sign for investors who have been monitoring its performance over the past year.
Meanwhile, Horizon Therapeutics Public Limited Company and Safehold (NYSE:SAFE) Inc. achieved their 52-week highs. Both companies have been on an upward trajectory, reaching new highs and providing positive returns to their shareholders.
Investment firm Zacks has placed CRH PLC and GRAB Holdings Limited in the "buy range." This suggests that these stocks are currently priced at levels that could offer attractive entry points for investors.
Other stocks traded at percentages of their target prices. Summit Hotel Properties (NYSE:INN) and Huntington Bancshares Incorporated (NASDAQ:HBAN) were among these stocks. However, specifics about their respective percentages were not available.
The American Electric Power Company (NASDAQ:AEP) was also trading at a percentage of its target price. It was noted to be trading at 74.3% of its target price. This could potentially indicate that the company's stock is undervalued compared to its expected future cash flows.
It is important to note that after-hours trading can be volatile due to lower liquidity and wider spreads. Investors should carefully consider these factors when participating in after-hours trading.
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