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Republican candidate Carly Fiorina drops out of presidential race

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Carly Fiorina at the Fox News Republican debate on January 28, 2016.

Republican presidential candidate Carly Fiorina has announced that she is stepping out of the race after a poor performance in the Iowa caucus and the New Hampshire primary.

“While I suspend my candidacy today, I will continue to travel this country and fight for those Americans who refuse to settle for the way things are and a status quo that no longer works for them,” she wrote on her Facebook page.

Fiorina placed seventh in the New Hampshire primary on Wednesday night with just 4 percent of the vote, only coming ahead of Ben Carson who came away with 2 percent. She also tied for seventh place in the Iowa caucus last week, getting just 2 percent of the vote.

Fiorina is the former CEO of Hewlett Packard, and was the first woman to chair a Fortune top 20 company. However, her record with the company–which included a merger and the subsequent laying off of 30,000 employees–brought her criticism during the campaign since she was using┬áher business expertise as proof of her credibility in the campaign.

She is the third candidate to officially drop out of the Republican race–after Rick Santorum and Mike Huckabee–and it’s said that Chris Christie will announce the end of his campaign later on Wednesday. Christie placed just ahead of Fiorina in New Hampshire, getting 7 percent of the vote.

You can read Fiorina’s full statement here:

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