Why Quotient Technology Stock Slumped Today
Shares of Quotient Technology (NYSE: QUOT) lost a lot of ground on Thursday morning, trading down by 11% as of 11:30 a.m. ET, compared to a 0.1% decline in the S&P 500. The slide followed the marketing specialist's fourth-quarter earnings release.
Investors have been disappointed with the last few reports from Quotient Technology, which offers consumer packaged goods companies a platform that helps them market to their customers. The Q4 release was no different, even though it contained some good news about the business.
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Source Fool.com
