Why Bank of Montreal Stock Tanked on Tuesday

Notably higher provisioning affected the bank's fundamentals.Investors weren't in a forgiving mood after digesting Bank of Montreal's (BMO -6.16%) latest news on Tuesday. After the north-of-our-border lender divulged its latest set of quarterly results, investors assertively traded out of the stock. When the smoke cleared, Bank of Montreal shares closed the day more than 6% lower; meanwhile, the S&P 500 index finished in positive territory, with a 0.2% gain.A miss on the bottom lineBank of Montreal's fiscal ...