Top Midday Decliners

MT Newswires Live
05-03

Cable One (CABO) shares sank 40% in recent trading Friday after the company suspended its quarterly dividend and reported Q1 revenue that trailed Wall Street estimates.

Intraday trading volume rose to over 740,000 from a daily average of about 154,000.

LendingTree (TREE) shares fell 24% after the company overnight reported Q1 revenue that missed analysts' expectations and cut its full-year sales guidance.

More than 2.17 million shares traded intraday compared with a daily average of about 263,000.

Block (XYZ) shares slumped after many analysts downgraded the stock, including from BMO, Seaport Global and Benchmark, following its Q1 results.

Shares retreated 20% as intraday trading volume climbed to over 41 million from a daily average of roughly 9.2 million.

Price: 155.90, Change: -106.09, Percent Change: -40.49

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