CDW's Trading Volume Surges to $398 Million, Ranks 238th Amid Stock Price Decline

On June 2, 2025, CDW's trading volume reached $398 million, marking an 111.1% increase from the previous day and ranking 238th in the day's stock market activity. CDW's stock price fell by 3.10%, marking the fourth consecutive day of decline and a total decrease of 5.90% over the past four days.

The recent decline in CDW's stock price can be attributed to the Trump administration's scrutiny of federal contracts with technology firms. The General Services Administration (GSA) has sent letters to 10 technology providers, including CDW, requesting justification for their costs and identifying areas for potential savings. This move is part of a broader effort by the Trump administration to review and cut federal spending on technology contracts, which totaled $82 billion annually. The administration aims to address excessive markups and increased costs to taxpayers by reforming the procurement process.

This development has raised concerns among investors about the potential impact on CDW's revenue and profitability, as the company relies heavily on government contracts. The uncertainty surrounding the outcome of the GSA's review has contributed to the recent sell-off in CDW's stock. Investors are closely monitoring the situation and awaiting further updates from the administration on its plans for federal technology contracts.