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Stock impact report

Mission Produce (AVO) Stock Trades Down, Here Is Why [Yahoo! Finance]

Calavo Growers, Inc. (CVGW) 
Last calavo growers, inc. earnings: 3/10 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.calavo.com/home/default.aspx
Company Research Source: Yahoo! Finance
one-time Mexican transfer tax payment of up to $5 million in connection with its proposed merger with Calavo Growers, Inc. The disclosure was made in a supplement to the joint proxy statement/prospectus filed with the Securities and Exchange Commission as part of the merger process. According to the filing, the tax under review was a post-closing transfer tax that may be payable by Mission Produce after the merger's completion. The company stated that based on its current analysis, it did not expect the amount to exceed $5 million. This potential liability introduced an unexpected cost associated with the merger, which likely concerned investors. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Mission Produce? Access our full analysis report here, it's free What Is The Market Telling Us Mission Produce's shares are not very volatile and have only had 6 moves greater than 5% over the last Show less Read more
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