L Brands Down Over 14%, on Pace for Largest Percent Decrease Since February 2017 -- Data Talk

L Brands, Inc. (LB) is currently at $29.62, down $4.93 or 14.25%

-- Would be lowest close since Oct. 23, 2018, when it closed at $29.54

-- On pace for largest percent decrease since Feb. 23, 2017, when it fell 15.81%

-- On Monday, the company said it is halving its annual dividend to $1.20 and appointing a new executive to lead the Victoria's Secret chain

-- Currently down seven of the past eight days

-- Currently down six consecutive days; down 19.98% over this period

-- Longest losing streak since Aug. 13, 2018, when it fell for six straight trading days

-- Worst six-day stretch since the six days ending Jan. 9, 2018, when it fell 21.32%

-- Down 8.62% month-to-date

-- Down 50.81% year-to-date; on pace for worst year on record (based on available data back to June 10, 1982)

-- Traded as low as $28.51; lowest intraday level since Oct. 10, 2018, when it hit $28.47

-- Down 17.48% at today's intraday low; largest intraday percent decrease since Feb. 23, 2017, when it fell as much as 17.55%

-- Worst performer in the S&P 500 today

All data as of 1:15:17 PM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 20, 2018 13:40 ET (18:40 GMT)

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