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Why BigCommerce Tumbled 12% on Friday

TheMotleyFool

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Shares of e-commerce service provider BigCommerce Holdings (NASDAQ: BIGC) were down 12.1% headed into Friday's close, largely in response to last quarter's disappointing results.

Investors are certainly surprised, given the stock's reversal. BigCommerce shares had spent the past three months recovering from a sell-off spurred by the previous quarter's similarly lackluster numbers, climbing nearly 67% from May's low to yesterday's close. Friday's setback wiped away roughly a third of that rebound rally.

Image source: Getty Images.

Source Fool.com

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