Looks like McCormick’s stock price got a little too spicy for some investors. The maker of Frank’s RedHot sauces, McCormick seasonings and French’s condiments took its biggest tumble since the start of the COVID-19 pandemic after third-quarter revenue missed expectations, hurt by a sluggish economic recovery in China.
Can you say O-zem-pic? Neighbourly Pharmacy is a special pharmacy because its stock went up this week after Persistence Capital Partners offered to take the company private at $20.50 a share. That made a lot of investors happy. I own a few thousand shares myself, so I’m feeling very happy, too.
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