02:20 PM EST, 03/06/2024 (MT Newswires) -- Entravision Communications ( EVC ) shares slumped 51% after the company reported late Tuesday a wider Q4 loss.

The company also said Meta Platforms (META) plans to wind down its authorized sales partner program globally and end its relationship with all of its ASPs, including Entravision, by July 1.

More than 10.4 million shares of Entravision traded intraday compared with a daily average of about 269,000.

Foot Locker ( FL ) pushed back its long-term core profitability target and said it won't restart dividend payments even as fiscal Q4 results came in ahead of expectations, while the retailer laid out a full-year earning target that trailed Wall Street's view.

Wedbush Securities cut its price target on the stock to $25 from $30, while maintaining its neutral rating.

Shares of Foot Locker ( FL ) slumped 32% as trading volume rose to more than 26 million versus a daily average of about 3.1 million.

Brown-Forman (BF.A, BF.B) shares fell sharply after the company reported a surprise decline in fiscal Q3 net sales.

Shares dropped 9%, with intraday trading volume at over 48,000 shares compared with a daily average of about 58,000.

Price: 1.74, Change: -1.83, Percent Change: -51.26