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Stock impact report

Simply Good Foods, Edgewell Personal Care, Central Garden & Pet, Spectrum Brands, and Flowers Foods Shares Plummet, What You Need To Know [Yahoo! Finance]

The Simply Good Foods Company (SMPL) 
Last the simply good foods company earnings: 4/6 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
A number of stocks fell in the afternoon session after markets pulled back, reversing early gains, as investor sentiment remained cautious despite a softer-than-expected inflation reading. Stocks rose in the morning session after an unexpected drop in the Producer Price Index (PPI) for August signaled easing inflation and raised expectations for a potential Federal Reserve interest rate cut. The U.S. Bureau of Labor Statistics reported that the PPI, which measures wholesale prices, edged down 0.1% last month, contrary to analyst expectations for a 0.3% rise. This data gives the Federal Reserve more flexibility to consider lowering interest rates to stimulate the economy. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Shelf-Stable Food company Simply Good Foods (NASDAQ:SMPL) fell 2.6%. Is now the time to buy Simply Good Foods? Access our full analysis report h Show less Read more
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