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Why United Natural Foods Stock Fell This Week

·2 min read
Why United Natural Foods Stock Fell This Week
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Shares of United Natural Foods (NYSE: UNFI), a natural and organic-foods wholesaler, were taking a dive this week even though there was no specific news out on the company. Instead, concerns about rising interest rates and the broader market sell-off seemed to pressure the stock downward. As a supermarket supplier, United Natural Foods doesn't fit the profile of the typical stock getting hit this week as it's mostly growth stocks and tech stocks that are plunging in the market rotation.