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Cal-Maine Foods (NASDAQ:CALM) Shares Gap Down on Disappointing Earnings
['Defense World Staff']
Defense World
Shares of Cal-Maine Foods, Inc. (NASDAQ:CALM – Get Free Report) gapped down before the market opened on Wednesday following a weaker than expected earnings announcement.
Cal-Maine Foods shares last traded at $92.62, with a volume of 584,624 shares traded.
Cal-Maine Foods had a net margin of 28.63% and a return on equity of 54.81%.
The Goldman Sachs Group began coverage on shares of Cal-Maine Foods in a research note on Thursday, August 14th.
Financial Management Professionals Inc. bought a new position in shares of Cal-Maine Foods in the 1st quarter worth $30,000.