Why BrightView Holdings Stock Tumbled 19% Today

BrightView Holdings (NYSE: BV) stock tumbled 18.8% in Thursday trading, closing the day below $12 a share for the first time in nearly a month. And yet, BrightView Holdings is a commercial landscape-services company -- landscaping -- as in one of the few businesses that you might think could continue to operate safely in the middle of summer, even if the coronavirus comes roaring back onto the scene (as many investors seemed to think when they began selling stocks today).

So why did BrightView stock go down, as well?

Image source: Getty Images.

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Source Fool.com