Shares slipped 6.6% after the egg producer provided a weak earnings report, citing a dynamic market environment.
The company reported fiscal first-quarter earnings of 2 cents per share, missing the consensus estimate of 33 cents per share from analysts polled by FactSet.released Tuesday suggested a class of popular weight loss drugs GLP-1 could impact the need for basal insulin. Separately, InsuletEnergy stocks — Energy stocks fell as a group during midday trading Wednesday as oil prices slid by more than $3 a barrel.
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