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Stock impact report

Checking In On Cal-Maine [Seeking Alpha]

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Seeking Alpha
SummaryWe recently thought Cal-Maine Foods was an opportunity in the mid-$30s.COVID-19 caused some panic selling.Q3 sales volumes were in line with last year, and overall sales revenue was down due to the lower average selling prices.There is still a slight imbalance in supply and demand, but hen supply is down, which bodes well for the medium term.Cal-Maine Foods facilities are operating normally and have not experienced any supply chain or delivery disruptions due to the virus, which means remain long the stock.Prepared by BAD BEAT lnvesting Senior Analyst TaraOne name that we have frequently traded both long and short isCALMwe previously discussed with our membersearningsRevenues fall as expectedRevenues are volatile in this name and fluctuate with the price of eggs. You need to watch egg pricing and related data with this name, and right now, the supply and demand balance is off, weighing a bit on pricing. For the most part, the price of eggs has suffered again, and this weighed o Show less Read more
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