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Whole Foods (WFMI:Nasdaq) plummets: It’s about time!

Started by tfn · 1 year ago

Baltimore — (TFN): I may have been premature when I asked you to short Whole Foods Market, Inc. (WFMI:Nasdaq) on April 24.

The green grocer’s stock price plunged close to 14% today as the company reported shrinking first-quarter profits that missed Wall Street’s estimates. “So much for the theory that Whole Foods’ customers were such chic-chic [...]
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