Why Conagra Stock Tumbled by Nearly 6% on Tuesday

The market didn't find the stock of Conagra Brands (CAG -5.46%) very tasty on the first trading day of the week after the holiday weekend. On the back of significantly lowered guidance, investors collectively traded out of the veteran packaged foods company to the point where the shares lost almost 6% of their value. And this was on a day when the S&P 500 (^GSPC 0.24%) landed in positive territory, with a 0.2% rise.Breaking out the scissorsConagra revealed the new outlook for its fiscal 2025, and it's no wo ...