Lamb Weston stock slides 1.50% and underperforms competitors
Updated
Updated · MarketWatch · May 8
Lamb Weston stock slides 1.50% and underperforms competitors
8 articles · Updated · MarketWatch · May 8
Shares closed at $42.01 on Friday, their second straight daily loss, while the S&P 500 rose 0.84% and the Dow Jones Industrial Average edged up 0.02%.
Lamb Weston lagged Mondelez and Kraft Heinz, whose shares gained 0.39% and 1.35%, respectively, though it outperformed General Mills, which fell 2.88%.
The stock finished 37.36% below its 52-week high of $67.07, reached on October 27, underscoring continued weakness despite a broadly favourable market session.
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