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Top Midday Decliners

Top Midday Decliners

MT newswireMT newswire2026/10/29 17:47
01:47 PM EDT, 10/29/2026 (MT Newswires) -- ServiceNow (NOW) shares sank 26% following its Q3 results. RBC said in a note that the Q3 results exceeded guidance but was short of market expectations while investors await proof of AI monetization. RBC cut its price target to $165 from $176 while keeping its outperform rating. More than 48.5 million shares traded intraday, compared with a daily average of about 15 million. Fortinet (FTNT) shares slumped 22% after several analysts cut their price targets following its Q3 results, including Wells Fargo to $115 from $160 and Deutsche Bank to $130 from $160. Over 11.5 million shares traded intraday versus a daily average of roughly 4.4 million. Alphabet's (GOOG, GOOGL) Q3 earnings unexpectedly declined while revenue missed analyst expectations. Shares retreated 12%, with more than 91 million shares traded intraday, against a daily average of about 26 million. Price: 110.37, Change: -39.76, Percent Change: -26.48
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