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FINWIRES

Top Midday Decliners

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-- Meta Platforms (META) sank 7.9% after the Facebook parent overnight raised its forecast for 2026 capital expenditures, taking the shine out of its Q1 earnings and revenue beat.

More than 39.7 million shares of the company traded intraday compared with a daily average of about 14.6 million.

International Paper (IP) reported a year-over-year decline in Q1 adjusted operating earnings while sales came in below consensus.

Shares dropped 7.6%, with intraday trading volume at over 10.9 million, compared with a daily average of about 7 million.

Truist Securities lowered its price target for shares of Willis Towers Watson (WTW) to $320 from $400 while maintaining its buy rating following the company's Q1 results on Thursday that showed sales in line with market expectations.

Shares slumped 12% as intraday trading volume jumped to nearly 1.2 million from a daily average of about 818,000.

Price: $616.01, Change: $-53.11, Percent Change: -7.94%

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