When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SLQT - SelectQuote: This Did Not Turn Out As Planned
SelectQuote Inc.
Shares of SelectQuote have shed nearly 50% of their value after posting a horrendous Q2 earnings print.
This decline follows a year in which SelectQuote has lost more than 90% of its value.
The company has cited a number of thorny issues driving the underperformance versus internal expectations, including slower agent hiring and lower close rates.
SelectQuote's liquidity is limited and its new profitability outlook may spell trouble for it.