Why CPI Card Group Stock Just Crashed
CPI's biggest fan just decided to sell the stock. Is it time to panic?
Overview
After enjoying a terrific month of August, in which shares soared 37.5% after "missing" on earnings but delivering on free cash flow, credit card stock CPI Card Group (NASDAQ: PMTS) is giving back nearly all its gains this morning.
As of 11:25 a.m. ET, CPI stock is down 16.3%.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.