Here's Why Brunswick Stock Crashed in March
Shares in recreational boat, engine, and parts manufacturer Brunswick (NYSE: BC) fell 33.5% in March, according to data provided by S&P Global Market Intelligence. It's no surprise that the fall comes as a consequence of the COVID-19 pandemic, and unfortunately it has hit the company on a number of levels.
Initially, Brunswick felt the effects primarily because boating and recreational marine activity is a social activity, something being discouraged in the current environment.
Image source: Getty Images.
Source Fool.com
