Finance of America Shares Fall After UBS Downgrade

MT Newswires Live

2024/11/21

Finance of America (FOA) shares fell nearly 14% in recent Wednesday trading after UBS downgraded the financial services company to neutral from buy.

The brokerage also set a $24 price target.

Trading volume stood at about 99,400 shares against a daily average of roughly 44,500 shares.

Price: 20.29, Change: -3.27, Percent Change: -13.88

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