Why Roper Technologies Stock Is Tumbling Today
Shares of Roper Technologies (NYSE: ROP) declined as much as 14.4% by 3:30 p.m. EDT on Monday. The diversified technology company was among the myriad stocks tumbling today as the stock market sell-off intensifies amid the COVID-19 outbreak.
On Jan. 30 Roper Technologies reported its 2019 financial results and provided an outlook for this year. At the time, CEO Neil Hunn said the company was "well positioned for a strong 2020."
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