Knowles Drops 1.02% as Quantbot Sells Shares

Generated by AI AgentAinvest Movers Radar
Monday, Apr 7, 2025 8:45 am ET1min read
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On April 7, 2025, KnowlesKN-- experienced a 1.02% drop in pre-market trading, signaling a potential shift in investor sentiment towards the company.

Quantbot Technologies LP recently reduced its stake in Knowles Co. by selling 16,909 shares. This move by a significant institutional investor could indicate a lack of confidence in the company's near-term prospects, contributing to the stock's decline.

Investors are closely monitoring Knowles' performance, as any further developments or announcements from the company could influence its stock price. The recent sell-off by Quantbot Technologies LP serves as a reminder of the volatility in the market and the importance of staying informed about institutional trading activities.

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