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Here's Why Bill.com Stock Fell 24% in January

TheMotleyFool

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Here's Why Bill.com Stock Fell 24% in January

Bill.com (NYSE: BILL) tumbled 24.5% in January, according to data from S&P Global Market Intelligence. There wasn't any major news on the company, but it was one of the many victims of the growth stock sell-off.

Bill.com provides back-office financial software to small and mid-sized businesses. Its cloud-based, AI-enabled platform leads to more efficient billing, collection, and cash flow management for its customers. That's turned Bill.com into a popular fintech stock with tons of promise.

Image Source: Getty Images.

Source Fool.com

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