Stock Breakout (@stock_breakouts)
Campbell's suffers its second-largest drop of the year
Campbell's $CPB recorded its second-largest stock decline of the year, adding to pressure on the packaged-food company.
A move of this magnitude signals a sharp deterioration in near-term investor sentiment and puts renewed focus on the company's growth, margins and consumer-demand outlook.
The selloff leaves $CPB with weaker short-term momentum as investors reassess expectations for the business.