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Prudential Financial Inc. (PRU) Dropped To A 3-Month Low After Q1 Report

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Prudential Financial Inc. (PRU: Quote) reported first quarter adjusted operating income of $1.56 per share Thursday morning, down from $1.62 per share last year. The consensus estimate was for EPS of $1.71.

Prudential Financial gapped open sharply lower Thursday and slipped further around midday. The stock closed down by 6.13 at $54.81, with volume at nearly a 6-month high. Prudential dropped to a 3-month low and closed testing its 200-day moving average.

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by RTT Staff Writer

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