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Why Shares of XPO Logistics Fell in February

TheMotleyFool

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Why Shares of XPO Logistics Fell in FebruaryPhoto, wide shot, wide-angle lens, Logistics company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/a16a79c7-f73c-405d-ba63-e8d69b66ce4e.png

Shares of XPO Logistics (NYSE: XPO) traded down 16.8% in February, according to data from S&P Global Market Intelligence. The shipping company's shares were up as much as 10% for the month until a late February sell-off, dropping nearly 25% as concerns about the COVID-19 coronavirus sent markets tumbling.