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65.60
1.03%
0.67
After Hours:
65.60
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Why is Stewart Information Services Corp (STC) Stock down?
We've noticed a 5.03% decline in Stewart Information Services Corp (STC) stock during the 2025-07-15 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
10 Apr, 2024:
Stewart Information Services Corp. (STC) stock dropped by 7.09% following an adjustment in its price target by BTIG, coupled with news regarding potential changes in lender's title insurance policies by the Consumer Financial Protection Bureau (CFPB).
- BTIG's Price Target Adjustment: BTIG adjusted its price target for STC from $70 to $68 while maintaining a Buy rating on the stock.
- Reason for Adjustment: The adjustment was made in response to a Bloomberg article suggesting that the CFPB is considering shifting the cost burden of lender's title insurance policies to mortgage lenders to reduce homebuyers' closing costs.
- Investor Perception: Stewart Information Services Corp. (STC) experienced a stock decline due to BTIG's price target adjustment and news regarding potential changes in lender's title insurance policies by the CFPB. The market's reaction reflects investor concerns and uncertainty regarding the potential impact of these developments on STC's business.
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