$WDR is one of biggest losers #stocks today. read more:

Waddell & Reed Financial, Inc. (symbol: WDR) was one of the worst losers of
the trading day today (2016-02-02), losing -14.38%. The number of shares
that changed hands was 4,488,199, or about 4 times the average daily volume
in the stock.
The closing price was $22.69, amounting to a market cap of $1,880,000,000,
about -56.2% off the highest price in the last 12 months. The stock has
been trading at a range between $21.4 and $51.8.
WDR is in the Investment Bankers/Brokers/Service industry, part of the
Finance sector. It first went public in 1998.
Looking at its valuation, the stock is now trading at 7.21 times earnings.