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57.95
1.06%
-0.62
Why is Bread Financial Holdings Inc (BFH) Stock down?
We've noticed a 7.53% decline in Bread Financial Holdings Inc (BFH) stock during the 2024-09-24 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
05 Oct, 2023:
Shares of Bread Financial Holdings (BFH) dropped by 5.62% from $31.33 to $29.58 in the trading on Thursday October 5, 2023. The BFH stock is down due to the stock downgrade rating. On October 5, B of A Securities downgraded BFH stock from an Buy rating to Neutral. This downgrade likely played a role in the sell-off of SHLS stock, as it made investors more cautious about the company's future prospects.
03 Oct, 2023:
Shares of Bread Financial Holdings Inc. (BFH) dropped by 6.44% from $33.52 to $31.36 in the trading on Tuesday October 3, 2023. The BFH stock is down due to the downgrade in its rating from Neutral to Sell by Goldman Sachs. The adjustment in the price target significantly influenced investors' sentiment.
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