Riot Platforms is trading at $15.81, down 4.03% on October 13, 2026, as investors weigh Morgan Stanley’s price-target cut.

  • On October 12, Morgan Stanley cut its target to $35.50 from $43 and maintained an Overweight rating.
  • Bitcoin was up 0.51% since the prior close, unlike Riot Platforms.
  • Major U.S. indices were nearly flat, offering no clear broad-market explanation.