Why Lamb Weston Stock Was Plummeting This Week

The subsequent market rout pushed Lamb Weston's share price down a queasy 32% week-to-date as of early Friday morning, according to data compiled by S&P Global Market Intelligence. The bears pounce Among the downgraders was TD Cowen's Robert Moskow, who wrote in a research note, "The thesis we laid out last year regarding tight potato processing industry capacity utilization, strong pricing power, and LW enhancing its mix by walking away from unprofitable business did not play out." Speaking of expectations ...