XPO Logistics Inc (NYSE: XPO) stock fell over 7.9% on 1 st November 2018 (as of 12:16 PM GMT-4; Source: Google finance) after the company posted a quarterly profit that missed Wall Street's target and lowered its 2018 earnings forecast due to a customer bankruptcy. XPO's British division in August shuttered the distribution centers it ran for House of Fraser after the 169-year-old U.K. department store chain entered administration – an insolvency procedure similar to U.S. bankruptcy – and was sold to Sports Direct International Plc