04-04-2024 22:19 via rocketnews.com

Lamb Weston leads losses among S&P 500 stocks in its largest one-day drop ever on earnings miss

Lamb Weston Holdings Inc.’s stock fell nearly 20% on Thursday, for its largest one-day loss on record, after the potato-processing company blamed a slower-than-expected switch to a new software system for impacting its third-quarter results.
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[mwai_chat context=”Let’s have a discussion about this article:nnLamb Weston Holdings Inc.’s stock fell nearly 20% on Thursday, for its largest one-day loss on record, after the potato
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