Peraso Inc. (NASDAQ:PRSO – Get Free Report)’s stock price traded down 8.6% during trading on Thursday . The company traded as low as $1.01 and last traded at $1.06. 310,232 shares changed hands during trading, a decline of 27% from the average session volume of 427,440 shares. The stock had previously closed at $1.16.
Analyst Ratings Changes
Separately, Benchmark dropped their price target on Peraso from $4.00 to $3.00 and set a “speculative buy” rating for the company in a research report on Wednesday, November 13th.
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Peraso Stock Performance
About Peraso
Peraso Inc, a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. The company's products include millimeter wavelength (mmWave) ICs, including baseband IC, various mmWave radio frequency, integrated circuits, as well as associated antenna technology; and mmWave antenna modules.
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