Banco Bilbao Viscaya Argentaria (NYSE:BBVA) Shares Gap Down - Here's What Happened

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Shares of Banco Bilbao Viscaya Argentaria (NYSE:BBVA) gapped down at market open on Thursday, trading at $20.60 after closing at $21.88. This early sell-off followed a mixed analyst sentiment, with two “Buy” ratings and three “Hold” ratings, resulting in a MarketBeat consensus of “Hold.” Despite changes in analyst ratings and recent share price movement, the bank reported a solid quarter, matching EPS estimates and beating revenue expectations, while also declaring a dividend of $0.7084.

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