The stock market had its worst day since 2008 on Monday, with the Dow Jones Industrial Average and S&P 500 index both down by more than 7%. The financial sector was one of the hardest-hit parts of the market, and financial-services company Fair Issac (NYSE: FICO) was no exception. The stock closed down nearly 12% and is nearly 28% below its 52-week high reached just a few weeks ago.
There's no specific company-related news that caused Fair Issac to drop. The financial-services company, best known for its FICO credit scoring model, was mainly dragged down by overall market weakness.
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