Calavo Growers shares are trading lower after the company reported worse-than-expected Q2 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Calavo Growers reported worse-than-expected Q2 financial results and issued guidance, causing its shares to trade lower.
June 07, 2023 | 4:03 pm
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Calavo Growers shares are trading lower due to worse-than-expected Q2 financial results and issued guidance.
Calavo Growers reported worse-than-expected Q2 financial results, which is a key factor for investors to evaluate the company's performance. The issued guidance also influences investors' expectations for the company's future performance. As a result, the stock price is trading lower due to the negative news.
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