Genworth Financial Inc. (GNW) reported a third quarter loss from continuing operations of $1.70 per share after the close Wednesday, compared to the profit of $0.21 per share last year. Analysts expected a profit of $0.19 per share.
Genworth Financial gapped open dramatically lower Thursday morning and is now down 5.27 at $8.80 on the highest volume in 3 months. The stock has plummeted to a new low for the year.
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