Calavo shares up nearly 20% after company reports shrinking losses in Q2
IN THIS ARTICLE
- Agribusiness Topic
- Jorge Mercado Author
By Jorge Mercado Monday, June 6th, 2022
Despite big changes in Calavo Growers’ executive office over the past few months, the company surpassed analysts’ expectations with a smaller-than-anticipated loss in the second quarter of the fiscal year. As a result, shares of the Santa Paula-based avocado and produce distributor rose nearly 20% in just a few days after the June 2 earnings…