Top Midday Decliners

MT Newswires Live
01/27

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

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