Here's Why Smart Sand Inc's Stock Is Sinking Today

Shares of frack sand producer Smart Sand (NASDAQ: SND) were falling on Thursday morning and were down more than 15% at 11 a.m. EDT following an analyst downgrade.That downgrade came from an analyst at Credit Suisse who cut the bank's rating on the stock from outperform to neutral while also slashing the price target from $20 to $8.50.

Topics:  smart sand nasdaq   snd    credit suisse   images   stock   analyst   frack   volumes   downgrade   

 

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