Why Unilever Stock Dropped 9% Today
Shares of consumer products giant Unilever (NYSE: UL) (NYSE: UN) tumbled to close down 9.1% on Tuesday -- and it has only itself to blame.
In an update filed as a Form 6-K filing with the SEC today, Unilever warned investors "that it expects underlying sales growth for 2019 to be slightly below its guidance of the lower half of its 3-5% multi-year range."
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Source Fool.com
