The Traderszone Network

Published in TZ Latest News 5 July, 2017 by The TZ Newswire Staff

Why Booz Allen Hamilton Stock Soured 17% in June

Shares of government IT contractor Booz Allen Hamilton Holding Corporation (NYSE: BAH) got destroyed in June, falling 17.4%.

It could have been worse. Actually, Booz Allen lost even more than that 17.4% — 19.6%, to be precise — in a single miserable trading session on June 16, when news broke that the U.S. Department of Justice was “conducting a civil and criminal investigation” into its wholly owned subsidiary Booz Allen Hamilton Inc.

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