Why Sweetgreen Stock Was Going Sour Today
Shares of Sweetgreen (NYSE: SG) were plunging today after the fast-casual salad chain reported another disappointing quarter, including a comparable sales decline and a widening loss on the bottom line.
Unsurprisingly, the results drove more investors away from what seemed like a promising growth stock not long ago. At 12:21 p.m. ET, the stock was 25.6% on the news.
Image source: Getty Images.
Source Fool.com
