: CEO Corie Barry announced plans to step down, with insider Jason Bonfig named as the succeeding CEO. Leadership transitions naturally invite investor hesitation.
: 6.48% (with a forward annual dividend of $3.84) 🌪️ Headwinds Pushing the Stock Down
For income-oriented portfolios, a yield north of 6.4% acting alongside a low earnings multiple suggests that a floor might be nearing, though uncertainty remains high. Google's Finance Data
The primary driver of the recent sharp selloff is a mixture of competitive pressures and internal transitions: