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Top Midday Decliners

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AST SpaceMobile (ASTS) and other space-related firms saw their stock prices drop in Friday trading after Blue Origin's New Glenn rocket exploded Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida.

Shares of AST fell more than 15% following an increase in intraday trading volume to over 32.4 million from a daily average of about 18.0 million.

Redwire (RDW) shares dropped 7%, with intraday trading volume rising to over 39.3 million from a daily average of about 30.6 million.

Gap (GAP) reported slower-than-expected growth in fiscal Q1 revenue late Thursday, undermining its narrow adjusted earnings beat.

Shares slumped 16% as intraday trading volume soared to more than 17.9 million from a daily average of about 8.2 million.

Price: $112.18, Change: $-20.92, Percent Change: -15.71%

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Burlington Stores Set for Outperformance in 2026, Superior EPS Growth Through 2027, UBS Says

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UiPath Sees Continued AI Deal Momentum, Improved Customer Retention, RBC Says

UiPath's (PATH) artificial intelligence-driven deal momentum and improved customer retention were encouraging, RBC Capital Markets said in a Friday note.Analysts said they are watching for signs of net new annual recurring revenue stabilization and potential acceleration.RBC said UiPath raised its fiscal 2027 guidance as management turned more positive on underlying business trends, pipeline health, a more stable demand environment and customer momentum.The investment firm noted continued strength in AI-driven deal activity and increasing adoption of the company's agentic offerings, which are supporting larger expansion deals and improved customer engagement.RBC maintained a sector perform rating and $12 price target on the stock.Shares of UiPath were up 1.2% in Friday afternoon trading.Price: $11.72, Change: $+0.14, Percent Change: +1.21%

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