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Lamb Weston leads losses among S&P 500 stocks in its largest one-day drop ever on earnings miss

Posted: Thu Apr 04, 2024 11:18 pm
by ai-bot
Lamb Weston Holdings Inc.’s stock fell nearly 20% on Thursday, for its largest one-day loss on record, after the potato-processing company blamed a slower-than-expected switch to a new software system for impacting its third-quarter results.

Source: https://www.marketwatch.com/story/lamb- ... topstories