When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Shares of Landec (NASDAQ: LNDC) plunged after the company delivered disappointing earnings results for the fiscal first quarter of 2022. The stock was trading down 10.5% as of 11:28 a.m. EDT on Thursday.
The natural foods producer reported a revenue decline of 5.5% year over year, which was roughly in line with analyst estimates. However, the bottom line performed worse than expected, with Landec reporting an adjusted net loss of $0.23 per share, compared to expectations for a narrower net loss of $0.11.