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home / news releases / TNAV - Why Telenav Stock Dropped 17% This Morning

TNAV - Why Telenav Stock Dropped 17% This Morning

Telenav Inc.

Six days after reporting fiscal second-quarter 2020 earnings so strong they sent its stock up 27% in a day, shares of connected car and location-based services provider Telenav (NASDAQ: TNAV) are heading in the other direction -- they've retreated 5% as of 11:10 a.m. EST Wednesday and were down closer to 17% earlier in the day.

What sparked that early-day panic?

Image source: Getty Images.

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Stock Information
Company Name: Telenav Inc.
Stock Symbol: TNAV
Market: NASDAQ
Website: telenav.com
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