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Benzinga

Business

Henry Khederian

UNBELIEVABLE: Why selectquote shares are falling | History Defined

SelectQuote NYSE

SelectQuote Inc (NYSE:SLQT) shares are trading lower by 54.4% at $2.98 Tuesday morning after the company reported second-quarter EPS and sales were down year-over-year.

SelectQuote reported quarterly losses of 84 cents per share. The company also reported $195.00 million in sales this quarter. This is a 45% decrease over sales of $357.57 million in the same period last year.

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