Comment on Why CSX, Fitbit, and Sirius XM Holdings Slumped Today

Why CSX, Fitbit, and Sirius XM Holdings Slumped Today

Friday was a great day on Wall Street, with the Dow climbing by more than 140 points and broader benchmarks rising even more on a percentage basis. Market participants celebrated the Republicans' apparent success in coming up with a tax reform package that could get passed by both the House and Senate as early as next week, and the corresponding drop in corporate taxes could bolster earnings for stocks beginning in 2018.

 

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