CALM Stock Recent News
CALM LATEST HEADLINES
In the latest trading session, Cal-Maine Foods (CALM) closed at $56.66, marking a +1.54% move from the previous day.
In the most recent trading session, Cal-Maine Foods (CALM) closed at $58.44, indicating a +1.78% shift from the previous trading day.
In the closing of the recent trading day, Cal-Maine Foods (CALM) stood at $58.32, denoting a +1.74% change from the preceding trading day.
The Zacks Rank for the Agriculture - Products industry paints a gloomy picture. Investors should keep an eye on these five stocks braving the industry headwinds -- West Fraser (WFG), CalMaine Foods (CALM), GrowGeneration (GRWG), Hydrofarm (HYFM) and Arcadia Biosciences (RKDA).
In the latest trading session, Cal-Maine Foods (CALM) closed at $56.17, marking a +0.52% move from the previous day.
Agriculture is a huge part of the American economy. Today, there are more than two million farms across the U.S. that contribute $1.26 trillion to U.S. gross domestic product (GDP), a 5.4% share.
By the time the United States Federal Reserve convened for its Federal Open Markets Committee (FOMC) meeting in December, federal economic data had already pointed to a sustained cooling in consumer prices. The Consumer Price Index, for example, only rose 3.2%, from a year-over-year (Y/Y) perspective, in October, which was approximately 590 basis points lower than the peak price increase of 9.1% Y/Y in June 2022.
Cal-Maine (CALM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
From a technical perspective, Cal-Maine Foods (CALM) is looking like an interesting pick, as it just reached a key level of support. CALM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
ORGO, CALM and NET made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 5, 2024.