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Why CalAmp Stock Fell Thursday


Shares of machine-to-machine communications company CalAmp (NASDAQ: CAMP) took a hit on Thursday, falling about 19% as of 1:08 p.m. EST.

The stock's decline comes after the company revised its revenue outlook for its fiscal fourth quarter and for the full year of fiscal 2020.

Image source: Getty Images.

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Source Fool.com

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