QVC Group Inc. (QVCGP) shares plunged 50.68 percent to $7.60 on Tuesday, losing $7.81 in value despite no apparent news or filings to explain the sudden drop.
The stock opened at $8.00 and traded in a volatile range between $7.33 and $8.58 during the day on the Nasdaq. Trading volume spiked to 415,862 shares, significantly above the average daily volume of 81,783.
QVCGP had closed at $15.41 in the previous session. Over the past 52 weeks, the stock has traded between $7.33 and $50.72.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.