Why TreeHouse Foods, Inc. Stock Lost 21% in August

Shares of TreeHouse Foods, Inc. (NYSE: THS) took a dive last month after the company posted a weak earnings report and lowered its guidance for the year. The packaged-food maker also said it would shut down two facilities, and announced a restructuring plan.

Unsurprisingly, that news lopped 12% off the stock after the earnings report came out, and the stock continued to slide over the duration of the month, dropping 21%, according to data from S&P Global Market Intelligence.

Source: Fool.com