Modelo Beer Maker Constellation Brands' Stock Plummets on Lowered Growth Forecast
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Constellation Brands (STZ) shares dropped significantly after the company lowered its growth forecast due to reduced consumer spending.
January 10, 2025 | 6:00 pm
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Constellation Brands' stock fell sharply after the company reduced its growth forecast, citing decreased consumer spending.
The news directly impacts Constellation Brands as the company has lowered its growth forecast, leading to a significant drop in its stock price. This is a critical development for investors as it indicates potential challenges in revenue growth.
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