10 US companies who lost huge market value in a single day
April 5, 2019 | Investopaper
Share market is very sensitive to any news either positive or negative regarding the company. Investors respond to different forecasts, events, and reports related to the company by either increasing or decreasing the value of the company. The drop is evident in every share market globally.
This year, big US companies lost a huge amount in market cap due to the trade war between China. Dominant companies like Apple, Facebook, etc. lost their grip in the stock market due to weakening profits.
So below is the list of ten US companies whose market value declined sharply in a single day.