Top Midday Decliners

MT Newswires Live01-27

Trade Desk (TTD) reaffirmed its Q4 revenue guidance of at least $840 million on Monday. Analysts polled by FactSet expect $841.1 million.

The company said it appointed Tahnil Davis, its chief accounting officer, as interim chief financial officer, effective Jan. 24.

Shares slumped 8.2% as intraday trading volume jumped to over 16.5 million from a daily average of about 12.7 million.

Intel (INTC) filed a registration statement on Friday with the US Securities and Exchange Commission for the potential sale of securities from time to time.

Shares fell 5.2%, with intraday trading volume of over 114.7 million, compared with a daily average of roughly 97.7 million.

Merck (MRK) has dropped its bid to acquire Revolutions Medicines (RVMD) over a disagreement on price, The Wall Street Journal reported, citing unnamed people familiar with the matter.

Shares of Revolutions Medicines sank 17%, with intraday trading volume of over 8.0 million against a daily average of about 3.30 million.

Price: 33.51, Change: -3.04, Percent Change: -8.33

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment