Why E-Home Household Service Stock Plummeted on Tuesday

Shares of E-Home Household Service Holdings Limited (NASDAQ: EJH), a China-based platform for booking services like moving, appliance installation, and housecleaning, were slammed on Tuesday. At one point Tuesday, shares were off by as much as 68.5%. As of this writing, the stock was down by 57%.

Though there doesn't appear to be any material news behind the stock's plunge, it has traded with extreme volatility since the company went public earlier this year.

Image source: Getty Images.

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Source Fool.com