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0 0.000215030641866423 -0.000860122567465846 -0.00392430921406295 -0.00548328136759494 -0.00967637888399103 -0.00661219223739377 -0.00602085797226107
Stock impact report

Why Cal-Maine Foods Stock Cracked Today [Yahoo! Finance]

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Yahoo! Finance
Rather, Cal-Maine stock tumbled because a handful of its biggest shareholders are selling the stock, and Cal-Maine itself is buying back some of that stock at a discount. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Let's start with the selling. Cal-Maine announced this morning that "the four daughters of the Company's late founder, Fred R. Adams, Jr.," as well as his son-in-law, plan to sell just under 3 million shares of Cal-Maine, worth just under $280 million in total at today's prices. These five inside shareholders will sell at a discount, however, charging only $92.75 for their shares. Next, we move to the buying. Cal-Maine will itself buy 551,876 of the shares being sold in the above secondary offering, paying $50 million to purchase these shares from its founder's heirs. (The remainder of the 3 million shares will be sold publicly on the market). Cal-Maine notes that it already ha Show less Read more
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