Holding Company Stocks Drop 7.5% as Outbreak and Volatility Rattle the Market

Holding Company Stocks Drop 7.5% as Outbreak and Volatility Rattle the Market

As of 4 p.m. ET Monday, holding company stocks dropped an average of about 7.5% for the day. IPG fell about 9%, while Omnicom lost over 8% and MDC Partners dropped just over 7%. Other holding …