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0 0.001248676674177 0.0386507369906891 0.0386507369906891 0.00437036835961892 0.00491327126143501 0.000434322321452953 0.00409891690871097
Stock impact report

Justice Department targets leading US egg producers in antitrust case, WSJ reports [Yahoo! Finance]

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: Yahoo! Finance
Versova, over alleged price coordination, the Wall Street Journal ?said on Friday, citing people familiar with the matter. Shares of Cal-Maine Foods were down nearly 5% in extended trading following the news. U.S. egg producers ?have been facing ?a growing wave of class action lawsuits accusing them of price fixing, amid ?consumer frustration over higher prices of food products, including eggs. Earlier this month, Cal-Maine said it was ?cooperating with ?a U.S. Justice ?Department investigation into potential ?price-fixing by egg producers, after a civil investigative demand, adding that the scope, duration and outcome of the probe were uncertain. Cal-Maine and privately held Versova did not immediately respond to Reuters requests ?for comment. The lawsuit claims ?the egg producers coordinated using ?an industry price-benchmarking ?service, according to the report. Friday's report ?said the agency and the ?egg producers ?could still reach a settlement to avoid litigation. Show less Read more
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