Why Lamb Weston Holdings Stock Was a Winner on Wednesday

Investors were likely more cheered by news of a restructuring program than they were by first-quarter results. Highly specialized food-supply company Lamb Weston (LW 2.57%) was tasty to some investors on Wednesday following the release of its latest set of quarterly results. It beat on both the top and bottom lines, if not necessarily by a wide margin, and it was rewarded for this feat. Investors also liked the company's news about a fresh restructuring program. Market players bid Lamb Weston's stock price ...