LPL Financial Shares Plunge Nearly 15% After Third-Quarter Results
LPL Financial shares fell nearly 15% on Wednesday as its third-quarter results revealed diminished expectations for its acquisition of Commonwealth Financial Network.
By Ross SnelLPL Financial shares plunged nearly 15% on Wednesday after the financial services company's third-quarter results revealed diminished expectations for its acquisition of Commonwealth Financial Network.The steep selloff came even though the San Diego-based company reported adjusted earni…