Tag: bizarre

LaCroix maker shares continue slide after bizarre CEO comments. Guggenheim cuts to 'sell' – CNBC

A can of LaCroix Sparkling Water produced by National Beverage Corp.

The fallout continued Friday for LaCroix maker National Beverage following the CEO’s bizarre explanation for the company’s dismal earnings. Investment firm Guggenheim also issued a rare “sell” rating on the stock. Its shares plummeted by as much as 24 percent shortly after the markets opened Friday. The company released its fiscal third-quarter results late Thursday, […]

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