Why Freshpet Stock Was Diving Today
Shares of Freshpet (NASDAQ: FRPT) were getting sent back to the kennel today after the seller of refrigerated pet food posted a wider-than-expected second-quarter loss. Today's sell-off came in spite of a better top-line result than analysts were looking for and an increase in guidance.
As of 2:02 p.m. EDT, the stock was down 10.8%.
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