Why DXC Technology Stock Slumped on Tuesday
Shares of DXC Technology (NYSE: DXC) tumbled on Tuesday after J.P. Morgan downgraded the company to underweight. The stock was down as much as 10.2% on the news.
J.P. Morgan's stock analysts downgraded DXC Technology from neutral to underweight on Tuesday morning. This means that the analysts are bearish on the company's prospects, and suggest investors decrease their exposure to the company in their portfolios.
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Source Fool.com
