Why Booz Allen Hamilton Fell Today

Shares of Booz Allen Hamilton (NYSE: BAH) fell on Tuesday, declining 6.7% as of 3:47 p.m. EDT.

Booz Allen didn't release any new financial news today, but it did announce last night that the company's Chief Financial Officer (CFO) would be leaving the company for a new opportunity.

Investors never like it when an executive decides to leave a company for another, and therefore, Booz Allen is getting punished on Tuesday, even though the stock already looks quite cheap.

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Source Fool.com