Why Campbell Soup Stock Was Pulling Back Today
Shares of Campbell Soup (NYSE: CPB) were sliding today after a strong third-quarter earnings report wasn't enough to overcome a wider sentiment about the economic recovery. Investors seem to believe that companies like Campbell that have thrived during the pandemic will pull back as life returns to normal.
As of 2:53 p.m. EDT on Wednesday, the stock was down 4.3%.
Image source: Campbell Soup.
Source Fool.com
