Tech Data Corporation (symbol: TECD) was one of the worst losers of the
trading day today (2016-08-25), losing -8.74%. The number of shares that
changed hands was 1,239,460, or about 3 times the average daily volume in
the stock.
The closing price was $73.28, amounting to a market cap of $2,580,000,000,
about -12.25% off the highest price in the last 12 months. The stock has
been trading at a range between $57.99 and $83.51.
TECD is in the Retail: Computer Software & Peripheral Equipment industry,
part of the Technology sector. It first went public in 1986.
Looking at its valuation, the stock is now trading at 10.55 times earnings.
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