Why Shares of Leidos Holdings Are Tanking Today
On a day when the Dow Jones Industrial Average and S&P 500 were rising, shares of Leidos Holdings (NYSE: LDOS), a leading information technology company, headed in the other direction. The stock closed 10.9% lower today, having recovered slightly from being down as much as 12% earlier in the day.
Investors, evidently, aren't pleased with the company's second-quarter 2021 earnings report, which was released before the market opened.
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Source Fool.com
