Fortrea (NASDAQ:FTRE) Trading Down 5.4% - Here's What Happened

Fortrea (NASDAQ:FTRE) shares fell 5.4% during midday trading despite beating quarterly earnings and revenue expectations. Analyst sentiment for the stock remains mixed, with a consensus "Hold" rating and an average price target of $20.75. The company's CEO also recently sold nearly 100,000 shares to cover tax obligations.