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Why is World Acceptance Corp (WRLD) Stock down?

We've noticed a 8.52% decline in World Acceptance Corp (WRLD) stock during the 2024-08-02 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!
23 Oct, 2023:

Shares of World Acceptance Corporation (WRLD) dropped by 9.21% from $111.49 to $101.13 in the trading on Monday, October 23, 2023. The reason why WRLD stock down is due to a target price reduction. BMO Capital lowered the target price for WRLD stock from $58 to $56, all while maintaining an Underperform rating on the stock. This downward revision in the target price had a negative impact on investor sentiment, contributing to the drop in WRLD's stock price.

$78.43
price down icon 0.10%
$39.49
price up icon 0.18%
$16.12
price up icon 4.07%
credit_services SYF
$67.22
price down icon 0.06%
credit_services DFS
$182.56
price down icon 0.03%
credit_services COF
$191.29
price down icon 0.08%
Cap:     |  Volume (24h):