Alert: Major Price Decline (5/2/24)-Vector Group Ltd (NYSE: VGR).

out_logo_500#11125.jpg

On 5/2/24, Vector Group Ltd (NYSE: VGR) stock suffered a major decline of -10.3%, closing at $9.37. Moreover, trading volume in this decline was exceptionally high at 281% of normal. The stock has been weak relative to the market over the last nine months and has declined -10.2% during the last week.

out_mm#11125.jpg

Current PriceTarget Research Rating

VGR is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Vector Group is currently unrated.

Rating Review

The stock is currently unrated.

Be the first to comment

Leave a Reply

Your email address will not be published.


*