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Sealed Air Corp. (SEE) Has Fallen To A New Low On Disappointing Outlook

Sealed Air Corp. (SEE) announced after the bell Wednesday that it expects to report third quarter adjusted EPS of $0.60 to $0.61. The consensus estimate is for EPS of $0.66.

Sealed Air has gapped open sharply lower Thursday morning and is now down 2.77 at $32.51. The stock has tumbled to a new low for the year.

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