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Why Mission Produce Stock Was Falling Today


Shares of Mission Produce (NASDAQ: AVO) were pulling back today after the avocado grower posted disappointing results in its fiscal fourth quarter ended Oct. 31, as avocado prices fell from the year-ago quarter.

As of 10:21 a.m. ET, the stock was down 14.3%.

Following similar results earlier this week from peer Calavo Growers, Mission Produce missed estimates on the top and bottom lines.

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Source Fool.com

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