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Here's Why Lamb Weston Stock Sank Today

·2 min read
Here's Why Lamb Weston Stock Sank Today
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Shares of Lamb Weston Holdings (NYSE: LW) slumped 13.5% today. Lamb Weston's fourth-quarter results were pretty solid in many respects. The business is showing clear signs of recovery from the worst of last year's pandemic-related challenges, but management also cautioned about inflationary pressures and issued underwhelming sales guidance.