Why Boot Barn Holdings Stock Plummeted by Nearly 21% This Week

Few investors like it when a long-serving chief executive suddenly departs.Boot Barn's (BOOT 0.74%) fiscal second-quarter results hit the headlines this week, but the company's stock was far more affected by a development in its C-suite. By the time the smoke had cleared, Boot Barn's share price had taken a hit of almost 21% across the week, according to data compiled by S&P Global Market Intelligence.Second-quarter results were publishedMonday was the day both pieces of news were released. Boot Barn's seco ...