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Why Switch Stock Fell on Friday

TheMotleyFool

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Shares of Switch (NYSE: SWCH) tumbled on Friday. As of 1:10 p.m. EDT, the stock was down more than 11%.

Investors are likely disappointed in the data center operator's third-quarter results, which featured revenue and earnings per share that were below analysts' consensus forecasts. In addition, management's move to lower its full-year 2021 revenue guidance may have spooked investors.

Image source: Getty Images.

Source Fool.com

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