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Why Conduent Stock Was Slammed Friday

TheMotleyFool

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Shares of Conduent (NYSE: CNDT), a company that provides business process services, fell as much as 39.2% on Friday. As of 11:40 a.m. EDT, the stock was down about 35%.

The stock's pullback follows Conduent's second-quarter results, which included a significant year-over-year decrease in revenue and a lowered full-year outlook.

Image source: Getty Images.

Source Fool.com

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