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Why Did Cal-Maine Foods Stock Drop Today?
The Motley Foolยท 2025-06-25 20:17
Cal-Maine stock benefits from high egg prices -- which remain really, really high.Shares of Cal-Maine Foods (CALM -2.47%), America's biggest producer of chicken eggs, closed down 2.5% on Wednesday, a day in which there seemed no obvious news to serve as a catalyst for the decline.To find the catalyst, you may have to flip back a few days on your calendar. Bad news is good news for Cal-MaineSpecifically, flip back to June 6, when the August Egg Company announced a voluntary recall of its brown cage-free and ...