Alert: Major Price Decline (12/6/23)-Box Inc (NYSE: BOX).

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Box Inc (NYSE: BOX) stock suffered a major decline of -10.2% on 12/6/23. The shares closed at $23.97. Moreover, exceptionally high trading volume at 520% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.8% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, BOX is expected to be a major Value Eraser.

Box is currently unrated.

Rating Review

The stock is currently unrated.

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