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.
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.
Source Fool.com