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Updated · MarketWatch · May 6Thomson Reuters stock slides 2.76% and underperforms market
9 articles · Updated · MarketWatch · May 6
- Shares closed at C$125.86 on Wednesday as the S&P/TSX Composite Index rose 1.24% to 33,981.82 in an otherwise positive Canadian trading session.
- The stock finished 58.6% below its 52-week high of C$303.93, reached on July 14.
- Trading volume was 1.1 million shares, above the 50-day average of 844,054, indicating heavier-than-usual activity during the decline.
Why is Thomson Reuters stock plummeting despite record AI adoption and bullish analyst ratings? Is a complex share consolidation masking a massive buying opportunity for its AI-driven future?