Flowers Foods Posts Downbeat Q2 Results, Joins OSI Systems, Aveanna Healthcare And Other Big Stocks Moving Lower In Friday’s Pre-Market Session
US stock futures rise, Dow up 150 points. Flowers Foods (NYSE:FLO) plunges on poor earnings & lowered forecast. Other stocks also down in pre-market.
Flowers Foods reported earnings that didn't meet expectations and warned things might not get better soon, which made its stock price drop. When a company stumbles like this, it's worth watching to see if they can fix their problems or if the trouble spreads to other bakery companies.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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