Are stock-exchange circuit breakers doing their jobs? [Wealth Professional (Canada)]
T. Rowe Price Group, Inc. (TROW)
Last t. rowe price group, inc. earnings: 4/28 07:30 am
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Source: Wealth Professional
Traders frustrated as mechanism meant to calm markets failed to prevent coronavirus-fuelled plunges By Leo Almazora Mar 17, 2020 Share The S&P 500 twice saw sharp 7.5% drops in the opening minutes of trading last week, first on Monday and again on Thursday, triggering circuit breakers “I think they’re more disruptive than helpful,” Dennis Dick, a trader a Bright Trading LLC, told the Wall Street Journal. Citing figures from Rosenblatt Securities, the Journal said U.S. stock markets registered trading volumes just shy of 19 billion shares on Thursday; on February 28, it reached 19.4 billion, its second-highest level ever. Alongside Thursday’s trading activity came 781 single-stock halts, more than the combined tally for January and February, reported financial-date vendor MayStreet. The circuit breakers that had been tripped at 9:34 AM ET on Monday and 9:35 AM on Thursday reportedly did not shock traders, as stock futures had declined by 5% — the most they’re allowed to fall — in the h
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News
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- T. Rowe Price Group, Inc. (NASDAQ: TROW) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $115.00 to $120.00. They now have a "hold" rating on the stock.MarketBeat
TROW
Earnings
- 11/4/24 - Beat
TROW
Sec Filings
- 10/23/24 - Form 4
- 9/30/24 - Form 4
- 9/30/24 - Form 4
- TROW's page on the SEC website