The Bapcor Ltd (ASX: BAP) share price is getting hammered today.
Shares in the embattled S&P/ASX 300 Index (ASX: XKO) auto parts company closed yesterday trading for 51.5 cents. In earlier trade, shares just plunged to 40.5 cents each, down 21.4%. At time of writing, shares have recovered a touch, changing hands for 42.0 cents each, down 18.5%.
For some context, the ASX 300 is down 0.1% at this same time.
Unfortunately for longer-term shareholders, today’s sharp sell-off isn’t unique for the stock. Indeed, the Bapcor share price is now down a steep 92.2% since this time last year.
Here’s what’s got investors reaching for their sell button today.
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Why is the Bapcor share price in free fall?
The ASX 300 auto…
