State Street on Pace for Largest Percent Decrease Since June 2016 After 3Q Earnings Report -- Data Talk

State Street Corporation (STT) is currently at $73.11, down $6.59 or 8.27%

-- Would be lowest close since Nov. 8, 2016, when it closed at $72.26

-- On pace for largest percent decrease since June 24, 2016, when it fell 8.76%

-- Earlier Friday, State Street reported third quarter profit rose 13% but the company missed analysts' estimates for both its bottom line and revenue. The company reported earnings of $709 million, or $1.87 a share, up from $629 million, or $1.66 a share. Analysts polled by Refinitiv were expecting earnings of $1.89 a share

-- Currently down three consecutive days; down 11.13% over this period

-- Worst three day stretch since the three days ending June 28, 2016, when it fell 14.93%

-- Down 25.1% year-to-date; on pace for worst year since 2008 when it fell 51.56%

-- Down 35.13% from its all-time closing high of $112.71 on Jan. 24, 2018

-- Down 26.24% from 52 weeks ago (Oct. 20, 2017), when it closed at $99.12

-- Would be a new 52-week closing low

-- Traded as low as $71.79; lowest intraday level since Nov. 8, 2016, when it hit $71.35

-- Down 9.92% at today's intraday low; largest intraday percent decrease since Aug. 8, 2011, when it fell as much as 10.09%

-- Second worst performer in the S&P 500 today

All data as of 11:59:56 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 19, 2018 12:29 ET (16:29 GMT)

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