65.89
0.23%
-0.15
After Hours:
65.89
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Why is Stepstone Group Inc (STEP) Stock down?
We've noticed a 5.75% decline in Stepstone Group Inc (STEP) stock during the 2024-11-13 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
07 Nov, 2023:
Stepstone Group Inc Stock (STEP) dropped by 5.37% from $28.50 to $26.97 in the trading on Tuesday November 7, 2023. The reasons why STEP stock down today include:
- Mixed earnings results: Stepstone reported third quarter EPS of $0.26, $0.02 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $191.4M versus the consensus estimate of $154.8M.
- Leadership transition: StepStone Group has appointed David Park as Chief Financial Officer, following retirement of Johnny Randel, effective January 1, 2024.
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