Lamb Weston leads losses among S&P 500 stocks in its largest one-day drop ever on earnings miss
Lamb Weston Holdings Inc.’s stock was down by 20% on Thursday after the potato processing company blamed a slower-than-expected switch to a new enterprise resource planning system (ERP) for impacting its third-quarter results, as well as its outlook for the year.
Lamb Weston Holdings Inc.’s stock was down by 20% on Thursday after the potato processing company blamed a slower-than-expected switch to a new enterprise resource planning system (ERP) for impacting its third-quarter results, as well as its outlook for the year.
