Kamala Harris wants to take on price gouging. It's hard to find agreement on what it even is [CNBC]
Pilgrim's Pride Corporation (PPC)
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Source: CNBC
Democratic presidential nominee Kamala Harris unveiled a plan this week to try to crack down on the practice, though she would face a difficult road to passing and implementing a bill. The term has different meaning to different people, and the majority of states already have laws that forbid price gouging in emergencies, such as natural disasters. As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order to rein in voters' grocery costs. The vice president first teased the federal ban in mid-August, prompting former President Donald Trump to attack the plan as “Soviet-style” price controls. Although Harris released more detail Wednesday as part of her 82-page economic plan , it's still unclear what price hikes her administration would see as illegal “price gouging.” “The bill will set rules of the road to make clear that big corporations can't unfairly exploit consumers during times of
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PPC
Earnings
- 10/30/24 - Beat
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Sec Filings
- 10/31/24 - Form 8-K
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- PPC's page on the SEC website