Why Fox Factory Holding Stock Plummeted by 27% Today

One of the most unforgivable transgressions a publicly traded company can commit is to miss on its earnings. That was the reason investors punished vehicle components manufacturer Fox Factory Holding (FOXF -26.82%) on Friday. The market reacted sharply to the company's latest set of quarterly figures, trading out of the stock and sending its value down by almost 27% in price.Top- and bottom-line skidsDue to what management characterized as "challenging macro and industry headwinds," Fox Factory's fourth-qua ...