Is Xerox a Buy After This Q3 Earnings Crash?
Xerox Holdings (NYSE: XRX) has ended up suffering more directly from the COVID-19 pandemic than most companies. The document management veteran desperately needs workers to get back to the office. Until then, the business looks bleak.
The stock plunged following Tuesday morning's third-quarter earnings report, closing more than 11% lower. Was that crash a bad sign for long-term investors, or was it an invitation to pick up Xerox shares at a deep discount?
Let's have a look.
Source Fool.com
