Watching The Simply Good Foods; Shares Move Lower As Traders Circulate Unconfirmed Comments From Popular Stock Service Mentioning Stock As New Short Idea With A $20 PT (-33% Downside)
Portfolio Pulse from Benzinga Newsdesk
The Simply Good Foods Company (SMPL) shares are trading lower as traders circulate unconfirmed comments from a popular stock service, which mentions SMPL as a new short idea with a $20 price target, indicating a potential 33% downside.
July 17, 2024 | 7:41 pm
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Simply Good Foods (SMPL) shares are trading lower due to unconfirmed comments from a popular stock service suggesting it as a new short idea with a $20 price target, indicating a potential 33% downside.
The unconfirmed comments from a popular stock service suggesting SMPL as a new short idea with a $20 price target have led to a decline in the stock price. The potential 33% downside is significant and has likely caused concern among investors.
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IMPORTANCE 80
RELEVANCE 100