Blaize (NASDAQ:BZAI) Trading Down 16.9% – Here’s What Happened

Shares of Blaize Holdings, Inc. (NASDAQ:BZAIGet Free Report) were down 16.9% during trading on Friday . The company traded as low as $2.30 and last traded at $2.31. Approximately 917,789 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 872,472 shares. The stock had previously closed at $2.78.

Wall Street Analysts Forecast Growth

Separately, DA Davidson began coverage on shares of Blaize in a research note on Wednesday, February 12th. They set a “buy” rating and a $10.00 price target for the company.

View Our Latest Stock Analysis on BZAI

Blaize Stock Performance

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Blaize® has created a transformative new compute solution that unites silicon and software to optimize AI from the edge to the core. We’re partnering with customers to transform their products so they can deliver better experiences and better lives.

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