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Why Box Stock Fell 10.7% in October


Shares of Box (NYSE: BOX) slumped 10.7% in October, according to data from S&P Global Market Intelligence. The sell-off occurred in conjunction with a pullback for the broader market.^SPX Chart

^SPX data by YCharts

A surge in new coronavirus cases once again complicated the global economic outlook, and many growth-dependent tech stocks saw substantial dips in November. Box's double-digit slide last month followed an 11.6% decline for the company's share price in September. 

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Source Fool.com

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