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Why Genuine Parts Stock Tumbled Today


Shares of Genuine Parts (NYSE: GPC) were falling today after the Napa Auto Parts parent posted disappointing results in its third-quarter earnings report.

While the company beat top-line estimates, it fell woefully short on the bottom line. As of 1 p.m. ET, the stock was down 19% on the news.

Image source: Getty Images.

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Source Fool.com

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