Keysight Stock Is the S&P 500’s Top Decliner Today. Here’s Why.

Keysight Technologies

stock was sinking Wednesday after the electronics maker offered a disappointing forecast for sales, citing “moderating demand.”

Keysight shares (ticker: KEYS) tumbled 15% Wednesday, making the shares the worst performer in the

S&P 500

and putting the stock on pace for a record daily decline, according to Dow Jones Market Data. In late morning, it was trading at $155.35, which would be the stock’s lowest closing level since October.