CDW Corporation's stock plummeted 21.05% during intraday trading on Wednesday, following the release of the company's first-quarter 2026 financial results.
The technology solutions provider reported adjusted earnings of $2.28 per share for the quarter, narrowly missing the analyst consensus estimate of $2.29. While the company's revenue of $5.68 billion exceeded expectations, investors reacted negatively to the earnings shortfall, driving the stock to a more than five-year low.
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