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.
QRTEA - Why Qurate Retail Stock Dove 21% on Friday
Qurate Retail Inc. Series A Common Stock
Qurate (NASDAQ: QRTEA) shareholders saw red on Friday, as their stock fell over 21% by 11:15 a.m. ET, compared to a slight decline in the broader market. The TV-shopping giant had been outperforming the market so far in 2022, but the decline pushed returns well below the 10% decline that's been logged in the S&P 500 to date.
Shares fell due to a surprisingly weak business update issued by the company.