Waddell & Reed Financial, Inc. (symbol: WDR) was one of the worst losers of
the trading day today (2016-04-26), losing -7.52%. The number of shares
that changed hands was 4,409,825, or about 3 times the average daily volume
in the stock.
The closing price was $21.53, amounting to a market cap of $1,780,000,000,
about -57.94% off the highest price in the last 12 months. The stock has
been trading at a range between $20.21 and $51.19.
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 7.32 times earnings.
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