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MGPI - MGP Ingredients -15% after lowering guidance
MGP Ingredients Inc.
Shares of MGP Ingredients (NASDAQ:MGPI) crater after the company guides for full-year preliminary sales of $362M vs. $391M consensus. EPS of $2.20 to $2.32 is anticipated vs. $2.58 consensus and $2.55 to $2.75 prior view.
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