Nextdoor (NYSE:KIND) Stock Price Down 4% Following Analyst Downgrade

Nextdoor (NYSE:KIND) Stock Price Down 4% Following Analyst Downgrade

Nextdoor Holdings, Inc. (NYSE:KIND – Get Free Report)’s stock price traded down 4% on Monday after The Goldman Sachs Group lowered their price target on the stock from $2.50 to $1.75. The Goldman Sachs Group currently has a neutral rating on the stock. Nextdoor traded as low as $1.42 and last traded at $1.43. 503,812 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 1,759,165 shares. The stock had p…

Chuck Todd says he wants to invest in local news — and Ben Smith asks, Why not Nextdoor?

Chuck Todd. Photo (cc) 2015 by Gage Skidmore. Former NBC News journalist Chuck Todd may be moving into local news. In a recent interview with Benjamin Mullin of The New York Times (gift link), Todd said he was “eager to find a business solution to a problem that had vexed investors for decades: the collapse of local news.” So what would that look like? Mullin continued: Mr. Todd’s business plan calls for a constellation of local sites owned by t…