Were These 2 Stocks Unfairly Punished by the Market Today?
Wednesday was not a day to celebrate for investors in FedEx (NYSE: FDX) and Roku (NASDAQ: ROKU). Both stocks, which are popular and widely held, took big hits today. The former closed the day almost 13% lower, while the latter absorbed a nearly 14% punch.
Let's take a look at why both took such sharp cuts, and whether those nasty blows were justified.
Source Fool.com