Commercial Vehicle Group's Wild Ride: Index Drop & Investor Woes
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays
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Commercial Vehicle Group's stock took a hit after being dropped from the S&P Global Broad Market Index, triggering a wave of selling from index-tracking funds. While the stock is known for its volatility and recently saw a bump from positive inflation news, it's down over 25% year-to-date and trading at less than half of last year's high, spelling trouble for long-term investors. Hosted on Acast. See acast.com/privacy for more information.
