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NAV - Why These 2 Stocks Were Tripped Up on Tuesday
Navistar International Corporation
Although we're not in earnings season at the moment, quarterly results are trickling in for a variety of top stocks. As ever, these earnings reports matter, which is the major reason truck maker Navistar(NYSE: NAV) saw its stock price dip on Tuesday.
Meanwhile, over in Big Telecom, CenturyLink(NYSE: CTL) didn't report anything; rather, it was a fresh analysis from an investment bank that dinged the shares.
Here's how and why both developments affected the two stocks.