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Stocks Fall On Earnings Worries; Lam Research, SPSC, IBP In Focus

Stocks Fall On Earnings Worries; Lam Research, SPSC, IBP In Focus

Homebuilders and other building-related stocks outperformed.

Stock Market Today With IBD

April 20, 202315m 22s

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Show Notes

An earnings sell-off for Tesla weighed on sentiment as declining stocks beat advancers by more than 2-to-1 on both exchanges. Preliminary data showed lower volume on the Nasdaq. Lam Research popped on earnings; SPS Commerce is near highs ahead of next week’s earnings report, while IBP topped a new entry.

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