Saputo shares fall 1.98% and underperform market

2 articles · Updated · MarketWatch · May 6

The stock closed at C$40.51 on Wednesday as Canada's S&P/TSX Composite Index rose 1.24% to 33,981.82.
Saputo ended the session 10.2% below its 52-week high of C$45.09, reached on April 10.
Trading volume was 1.0 million shares, below the company's 50-day average of 1.1 million, indicating relatively lighter activity during the decline.

After selling its Argentine unit, can Saputo's pivot to high-margin products justify the significant loss in global revenue?

With a controversial new owner, will 600 Argentine dairy families be left behind in Saputo’s quest for higher profits?