National indices fell more than 2.5 percent May 1, dragging down the majority of tri-county stocks. The biggest loss of the day came from Westlake Village-based Arcutis Biotherapeutics, which fell 12.52 percent to close at $26. Santa Barbara-based software firm QAD dropped 9.82 percent to close at $27.01. Westlake Village-based PennyMac Financial Services fell 6.07…
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