Vertex (VERX) shares were down 3.8% in recent Thursday trading after Jefferies downgraded the tax technology software provider's stock to hold from buy and lowered the price target to $16 from $28.
Trading volume stood at nearly 2.2 million shares, compared with a daily average of more than 1.7 million.
Price: 12.34, Change: -0.49, Percent Change: -3.82