Alert: Major Price Decline (3/20/24)-Lifecore Biomedical Inc (NASDAQ: LFCR).

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Lifecore Biomedical Inc (NASDAQ: LFCR) stock suffered a major decline of -30.3% on 3/20/24. The shares closed at $5.01. Moreover, this decline was accompanied by exceptionally high trading volume at 1697% of normal. Relative to the market the stock has been weak over the last nine months and has declined -35.5% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, LFCR is expected to be a major Value Eraser.

Lifecore Biomedical is currently unrated.

Rating Review

The stock is currently unrated.

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