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Why Navient Stock Dropped 11% on Thursday Shares of the student-loan lender dropped after it announced a dilutive acquisition, and yet another state filed suit.
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Since being included in the Dow, Microsoft shares are down 8% while Intel stock is 12% lower. All the while, the S&P 500 has gained ground: ^SPX data by YCharts All of this confirms a study by University of Pennsylvania finance professor.