financetom
Market
financetom
/
Market
/
Top Midday Decliners
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top Midday Decliners
Jun 6, 2024 11:34 AM

02:13 PM EDT, 06/06/2024 (MT Newswires) -- Sprinklr ( CXM ) shares sank 16% after the company lowered its revenue outlook amid better-than-expected Q1 performance.

Barclays cut its price target to $11 from $17 while maintaining its overweight rating.

More than 6.48 million shares traded intraday compared with their daily average of about 2.23 million.

Five Below ( FIVE ) shares slumped after the company lowered its full-year outlook late Wednesday as fiscal Q1 sales and earnings lagged market expectations.

Truist cut its price target on the stock to $136 from $176 while keeping its buy rating.

Shares dropped 12% as trading volume advanced to over 6.9 million from a daily average of about 1.1 million.

Goldman Sachs downgraded 2seventy bio (TSVT) to sell from neutral and cut its price target to $2 from $5.

Shares of 2seventy slumped 12%, with intraday trading volume at over 838,000 versus a daily average of about 1.02 million.

Price: 9.12, Change: -1.73, Percent Change: -15.91

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Tech
Sector Update: Tech
Aug 7, 2025
08:52 AM EDT, 08/07/2025 (MT Newswires) -- Technology stocks were higher premarket Thursday as the SPDR S&P Semiconductor ETF (XSD) was up 1.2% and the Technology Select Sector SPDR Fund (XLK) was up 1.1% recently. Apple ( AAPL ) said it has expanded its partnership with Corning (GLW) with a new $2.5 billion commitment for the production of all the...
Sector Update: Health Care
Sector Update: Health Care
Aug 7, 2025
08:57 AM EDT, 08/07/2025 (MT Newswires) -- Health care stocks were flat to lower premarket Thursday as the iShares Biotechnology ETF (IBB) was inactive and the Health Care Select Sector SPDR Fund (XLV) was down 0.4% recently. Eli Lilly ( LLY ) shares were down more than 7% even after the company reported higher Q2 non-GAAP earnings and revenue, and...
How Is The Market Feeling About Robinhood Markets?
How Is The Market Feeling About Robinhood Markets?
Aug 7, 2025
Robinhood Markets's ( HOOD ) short percent of float has risen 5.5% since its last report. The company recently reported that it has 33.03 million shares sold short, which is 4.6% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short...
Sector Update: Financial
Sector Update: Financial
Aug 7, 2025
09:01 AM EDT, 08/07/2025 (MT Newswires) -- Financial stocks were edging higher premarket Thursday as the Financial Select Sector SPDR Fund (XLF) was up 0.7% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was 1.5% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 2%. Brookfield (BN) shares were up 0.2% after the company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved