Willis Towers Watson Stock Drops 5% After Q1 Revenue Declines

(RTTNews) - Willis Towers Watson Public Limited Company (WTW) fell 4.99 percent to $309.44, down $16.24 during Thursday's trading, after reporting first-quarter revenue of $2.22 billion, down from $2.34 billion a year earlier.

The stock opened at $306.01 and has ranged between $304.55 and $321.02 so far today, compared to a previous close of $325.68. Volume has reached 432,578 shares, below the average of 669,057.

WTW is trading above its 52-week low of $245.04 and below its high of $344.14.

Net income, however, rose to $239 million from $194 million, marking a 23 percent increase year-over-year.