Why Sallie Mae (SLM) shares are plunging today
Published . Updated .
Shares of student loan provider Sallie Mae (NASDAQ:SLM) fell 10.2% in the morning session after the company reported a third-quarter net loss and sharply lowered its full-year earnings guidance due to rising charge-offs.
Directly affected
Indirectly affected
- No related companies are mapped for this report yet.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| SLM | +11.10% | +17.65% | base | after close | after close | after close | after close |
| NDAQNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Why Sallie Mae (SLM) shares are plunging today Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| GLD | three days earlier | +3.37% | final price |
| GLD | five days earlier | +3.56% | final price |
| QQQ | three days earlier | +2.99% | final price |
| QQQ | five days earlier | +2.00% | final price |
| SLM | three days earlier | +17.65% | final price |
| SLM | five days earlier | +11.10% | final price |
| SPY | three days earlier | +1.75% | final price |
| SPY | five days earlier | +0.89% | final price |
| TLT | three days earlier | -1.35% | final price |
| TLT | five days earlier | -2.31% | final price |
This story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “Why Sallie Mae (SLM) shares are plunging today” looks
12 out of 100
“Why Sallie Mae (SLM) shares are plunging today” scores 12 out of 100. The score uses 1 sources.