Dole Food (DOLE) reported a fourth quarter loss from continuing operations of $0.99 per share after the bell Tuesday, down from the profit of $0.06 per share last year. The consensus estimate was for a loss of $0.02.
Dole Food gapped open lower Wednesday and dipped in early trade, before settling into a range. The stock closed down by 1.06 at $10.67 on above average volume and finished at a month and a half low.
by RTT Staff Writer
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