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Earnings Preview: CALM to Report Financial Results Post-market on April 08
The price has dropped 50% compared to March, and the shortage crisis of eggs in the USA seems to be coming to an end.
① The shortage of eggs in the USA has improved due to the easing of the Bird Flu epidemic and increased imports from the USA, with the wholesale price of bulk eggs dropping to $3 per dozen last week, down 9% from the previous week; ② Although Bird Flu resulted in the death of 30 million laying hens, the recent outbreak has been controlled, with only 2.1 million poultry infected in March.
Shareholders Would Enjoy A Repeat Of Cal-Maine Foods' (NASDAQ:CALM) Recent Growth In Returns
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Press Release: Cal-Maine Foods, Inc. Announces Release Date for Third Quarter Fiscal 2025 Results
70185303 : There are no eggs for sale.
101807599 : no obvious reason for the public. maybe insider and whales trading/take profit. VITL is suffering similarly. some people feels the stock is expensive and took profit. if we judge based on whatever information we have, it is doing great, so it doesnt make sense to drop 20 percent over 2 days… but thats stock market, not everything make sense.
to invest you need money and time. you will know if its fine if you give time.
71179109 OP 101807599 : Yes, thanks! Time matters a lot!!!