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Why United Natural Foods Stock Just Dropped
Key takeaways
- As a result, the stock was down 12.2% as of 11:12 a.m.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- Nonetheless, that figure was short of estimates at $7.8 billion.
UNFI NVDA Shares of United Natural Foods (NYSE: UNFI) were getting tossed aside today after the supplier of choice for retailers like Whole Foods posted disappointing top-line results in its fiscal third-quarter earnings report.
As a result, the stock was down 12.2% as of 11:12 a.m. ET.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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