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Why Cal-Maine Foods, Inc. Stock Rose 13% in September

TheMotleyFool

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Why Cal-Maine Foods, Inc. Stock Rose 13% in September

Shares of Cal-Maine Foods, Inc. (NASDAQ: CALM) gained 13% last month according to data from S&P Global Market Intelligence as the nation's largest egg producer benefited from rising prices, anticipation for the company's October earnings report, and an escape from the impact of Hurricane Irma.

As the chart below shows, the stock rose steadily over the course of the month.