- Sonic Corporation (NASDAQ: SONC) shares fell 9 percent to $27.56. Sonic reported better-than-expected earnings for its third quarter, but the company missed analysts’ sales estimates. Same-store sales rose by only 2 percent over the period, while analysts were expecting a 2.7 surge. The company also lowered its same-store sales forecast for the year.
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Financial stocks traded sharply lower following the "leave" campaign emerging victorious in the Brexit vote.
- Lloyds Banking Group PLC (ADR) (NYSE: LYG) shares dipped 26.6 percent to $3.18.
- ZAIS Group Holdings, Inc. (NASDAQ: ZAIS) shares declined 24 percent to $3.06.
- Barclays PLC (ADR) (NYSE: BCS) shares dropped 23.26 percent to $8.58.
- Royal Bank of Scotland Group PLC (NYSE: RBS) shares slipped 23 percent to $5.78.
- Aviva Plc (ADR) (NYSE: AV) tumbled 21.2 percent to $10.47.
- Banco Santander, S.A. (ADR) (NYSE: SAN) declined 20.3 percent to $3.83.
- Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE: BBVA) shares dropped 18 percent to $5.43.
- Prudential Public Limited Company (ADR) (NYSE: PUK) shares declined 16.3 percent to $33.82.
- Deutsche Bank AG (USA) (NYSE: DB) shares dropped 16 percent to $14.98.
- Credit Suisse Group AG (ADR) (NYSE: CS) shares declined 15 percent to $11.68.
- UBS Group AG (USA) (NYSE: UBS) shares dropped 12.4 percent to $14.11.
- HSBC Holdings plc (ADR) (NYSE: HSBC) shares declined 9 percent to $30.74.
- Morgan Stanley (NYSE: MS) shares fell 8.9 percent to $24.86.
- Citigroup Inc (NYSE: C) shares dropped 7.6 percent to $41.09.