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53.56
2.26%
-1.24
Why is Ingevity Corp (NGVT) Stock down?
We've noticed a 5.08% decline in Ingevity Corp (NGVT) stock during the 2024-04-10 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!
03 Oct, 2023:
Shares of Ingevity Corporation (NGVT) dropped by 7.03% from $46.40 to $43.14 in the trading on Tuesday October 3, 2023. The NGVT stock is down due a recent rating downgrade from Buy to Hold, as well as a reduction in the price target from $62 to $53 by Loop Capital. The modification in the price target had a significant impact on investor sentiment, contributing to the stock's decline.
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