ADM shares crash to a three-year low following three bad news

Shares of Archer-Daniels-Midland Co (NYSE: ADM) tanked about 16% to a three-year low this morning following a string of bad news.ADM shares tank on probe newsCopy link to sectionThe food processing company has placed Vikram Luthar – its chief financial officer on an administrative leave following an investigation related to accounting practices. Ismael Roig will serve as the interim chief of finance at ADM, as per a press release on Sunday.Archer-Daniels-Midland also lowered its guidance for the full year t ...