Why BellRing Brands Stock Is Plummeting Today

Shares of leading proactive wellness and ready-to-drink (RTD) protein shake specialist BellRing Brands (NYSE: BRBR) are down 17% as of 2 p.m. ET on Tuesday after the company reported mixed first-quarter earnings and announced that its Chief Executive Officer would be retiring. While BellRing Brands exceeded the low bar set by Wall Street analysts in Q1, the company's guidance and CEO departure left the market worried. Sales grew 1% in Q1, while adjusted EBITDA dropped from $125 million to $90 million year ...