Top Midday Decliners

MT Newswires Live11-08

Dentsply Sirona (XRAY) shares plunged 27% intraday after the company lowered 2024 adjusted earnings and revenue guidance.

Intraday volume topped 19.9 million shares versus the daily average of about 2.42 million.

Wolfspeed's (WOLF) Mohawk Valley revenue trailed expectations, and guidance of $60 million in the December quarter and a downward revision for March quarter revenue to $85 million from $100 million reflect broader demand challenges, Morgan Stanley said in a report.

Shares slumped 37% with volume topping 26.7 million versus the daily average of 11.3 million.

MercadoLibre (MELI) shares fell 17, a day after the company reported Q3 net income that missed expectations by analysts.

Volume topped 2.25 million versus the daily average of almost 281,000.

Price: 17.41, Change: -6.58, Percent Change: -27.42

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