SelectQuote Stock Drops on Earnings Miss and Analyst Downgrades SelectQuote shares drop after the insurance company misses earnings estimates, prompting rating downgrades and price cuts from analysts.
Shares of SelectQuote (SLQT) fell sharply Thursday after the insurance agency’s fiscal fourth-quarter earnings missed estimates, prompting rating downgrades and price target cuts from analysts at RBC and KBW.
Shares of the Overland Park, Kansas., fell 44.04% to $8.03.
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The 44% is on our opinion way overdone. Daily RSI is around 15.