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
Jul 15, 2026 11:58 AM

02:39 PM EDT, 07/15/2026 (MT Newswires) -- Pentair ( PNR ) reported preliminary Q2 results below market estimates and lowered its full-year outlook amid headwinds related to its pool segment.

Pentair CFO Nick Brazis' unexpected departure, just four months after his appointment, adds near-term skepticism on the stock, RBC said in a note. RBC downgraded the stock to sector perform from outperform.

Shares slumped 14%, with intraday trading volume rising to more than 8.5 million from a daily average of about 2.3 million.

Elevance Health ( ELV ) reported sequential and annual declines in membership for Q2, although the health insurer lifted its full-year earnings outlook and recorded an unexpected year-over-year revenue increase.

Shares declined 8.7% as intraday trading volume jumped to over 2.4 million from a daily average of about 1.7 million.

Evercore ISI cut its Progressive's (PGR) price target to $230 from $240 following the release of the company's Q2 results.

Shares declined 9%, with intraday trading volume of over 3.8 million against a daily average of roughly 3.1 million.

Price: 64.49, Change: -11.19, Percent Change: -14.79

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 >
Inflation data, presidential debate could sink summer rally
Inflation data, presidential debate could sink summer rally
May 24, 2024
NEW YORK (Reuters) - The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed the S&P 500 near record highs in recent months. The S&P 500 is up nearly 12% this year on strong earnings and...
EMERGING MARKETS-Most Latam FX set for weekly losses as Fed rate cut hopes ebb
EMERGING MARKETS-Most Latam FX set for weekly losses as Fed rate cut hopes ebb
May 24, 2024
* Latam stocks up 0.1%, though set for weekly loss * Chile's peso jumps after local rate decision By Shashwat Chauhan May 24 (Reuters) - Most Latin American currencies were set for weekly losses on Friday as crumbling expectations for Federal Reserve interest rate cuts propped up the dollar, while Chile's peso outpaced peers following a smaller local interest rate...
Wall St Week Ahead-Inflation data, presidential debate could sink summer rally
Wall St Week Ahead-Inflation data, presidential debate could sink summer rally
May 24, 2024
NEW YORK, May 23 (Reuters) - The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed the S&P 500 near record highs in recent months. The S&P 500 is up nearly 12% this year on strong...
TREASURIES-US yields flat to marginally higher following durables data
TREASURIES-US yields flat to marginally higher following durables data
May 24, 2024
NEW YORK, May 24 (Reuters) - U.S. Treasury yields were little changed to slightly higher on Friday in choppy trading after yet another report suggesting that the world's largest economy is far from slowing down, which is likely to push the Federal Reserve to hold off cutting interest rates this year. Volume is thinner than usual ahead of the Memorial...
Copyright 2023-2026 - www.financetom.com All Rights Reserved