Cal-Maine Foods (NASDAQ:CALM) Trading Down 5.4% - Here's Why

Market Beat
2025.02.01 18:12
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Cal-Maine Foods (NASDAQ:CALM) shares fell 5.4% to $109.57, with trading volume down 78% from average levels. Analysts have recently upgraded the stock from "hold" to "buy". The company reported strong earnings of $4.47 EPS, exceeding estimates, with revenue up 82.5% year-over-year. Institutional investors hold 84.67% of the stock, with significant increases in holdings from firms like JPMorgan Chase and Two Sigma Advisers. The company specializes in producing and distributing shell eggs under various brand names.