Top Midday Decliners

MT Newswires Live
08 May

Hain Celestial (HAIN) said its board is conducting a comprehensive portfolio review to consider a broad range of strategic options to enhance value, and Alison Lewis, a board member, was named interim chief executive officer after the departure of Wendy Davidson.

The stock tumbled 51% with intraday volume topping 21.9 million shares versus the daily average of almost 2.36 million.

Apple (AAPL) is planning to restructure the Safari web browser on its devices to focus on artificial intelligence-run search engines, Bloomberg reported, citing a company executive's testimony in a government lawsuit against Alphabet (GOOG, GOOGL).

Shares of Alphabet declined 8.5% with volume topping 58.6 million versus the daily average of almost 22.3 million.

Marvell Technology (MRVL) late Tuesday narrowed its fiscal Q1 revenue outlook while postponing its investor day scheduled for June 10 to a date in 2026, citing a "dynamic macroeconomic environment."

The shares fell 10% as volume topped 28.3 million versus the daily average of almost 18.6 million.

Price: 1.36, Change: -1.42, Percent Change: -51.08

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