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Why ANGI Homeservices Stock Lost 11% in February

TheMotleyFool

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Why ANGI Homeservices Stock Lost 11% in February

Shares of ANGI Homeservices (NASDAQ: ANGI) took a hit last month as the online home-improvement marketplace posted underwhelming fourth-quarter results at the beginning of the month and then fell on coronavirus fears toward the end of February. According to data from S&P Global Market Intelligence, the stock finished down 11%.

As you can see from the chart below, the stock slipped initially on its earnings report and then fell off at the end of the month on the coronavirus sell-off.