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Why Cardinal Infrastructure Group Stock Just Crashed

TheMotleyFool

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Why Cardinal Infrastructure Group Stock Just Crashed: https://g.foolcdn.com/editorial/images/882865/gettyimages-1062733970-1.jpg

Cardinal Infrastructure Group (NASDAQ: CDNL) stock is getting crushed in Tuesday's trading. Shares were down 25.7% as of 11:30 a.m. ET despite relatively little movement for the broader market.

Cardinal published its second-quarter report before the market opened this morning, publishing mixed results that have sent its valuation tumbling. While the company is getting hit with a dramatic valuation pullback, shares are still up roughly 78% year to date.

Image source: Getty Images.

Source Fool.com