LPL Investment Stock Falls On Unusually High Volume (LPLA)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Wednesday with 860,083 shares changing hands. It is currently at four times its average daily volume and trading down $3.18 (-8.8%) at $32.72 as of 1:15 p.m. ET.
LPL Investment has a market cap of $3.77 billion and is part of the
sector and
industry. Shares are up 17.6% year to date as of the close of trading on Tuesday.
LPL Investment Holdings Inc. provides an integrated platform of proprietary technology, brokerage, and investment advisory services in the United States. It offers independent financial advice and investment solutions through an open architecture product platform.
TheStreet Ratings rates LPL Investment as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins. You can view the full
.
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