The Traderszone Network

Published in TZ Latest News 7 November, 2016 by The TZ Newswire Staff

Why B&G Foods Inc. Fell 14% in October

Image Source: B&G Foods. 

Shares of B&G Foods (NYSE: BGS) gave back 14% last month, according to data provided by S&P Global Market Intelligence, after the diversified food producer reported weak guidance in its third-quarter earnings report. As the chart below shows, the stock began falling in the run-up to the food-maker’s Oct. 27 report and continued to slide after it.

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