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Why is LPL Financial Holdings Inc (LPLA) Stock down?

13 Dec, 2023:

Shares of LPL Financial Holdings Inc (LPLA) dropped by 5.83% from $228.00 to $214.70 in the trading on Wednesday, December 13, 2023. The reason why LPLA down today is due to LPLA stock is rated as Strong Sell by Zacks Consensus Estimate as the company's earnings has been revised 4% downward for its current year.

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