SelectQuote (NYSE:SLQT) Stock Slumps As Investors react To Quarterly Earnings
Yesterday, the SelectQuote (NYSE:SLQT) stock had been in the middle of a remarkable selloff and tanked by as much as 47% as investors headed for the exits in a big way. The selloff in the stock ensued yesterday after the company’s earnings in the second fiscal quarter missed analysts’ expectations by a considerable margin. Trading Data On Tuesday, SLQT stock slumped 47.32% to $3.44 with more than 36.34 million shares,…