Alert: Major Price Decline (8/22/24)-Regis Corp (NASDAQ: RGS).

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Regis Corp (NASDAQ: RGS) stock suffered a major decline of -13.2% on 8/22/24. The shares closed at $19.40. However, trading volume in this decline was exceptionally low at 24% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.8% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, RGS is expected to be a major Value Eraser.

Regis is currently unrated.

Rating Review

The stock is currently unrated.

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