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CALM - Why Cal-Maine Foods Stock Was Sliding This Week
Cal-Maine Foods Inc.
Shares of Cal-Maine Foods (NASDAQ: CALM) were moving lower this week after the country's largest egg producer reported strong growth in its fiscal second quarter but missed earnings estimates.
As a result, the stock was down 16.4% for the week through Thursday, according to data from S&P Global Market Intelligence , with the bulk of those losses coming on Thursday after the earnings report came out.