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Fresh Del Monte Produce (FDP) Slipped To A New Low After Q3 Profit Dropped

Fresh Del Monte Produce (FDP) reported third quarter EPS of $0.23 Tuesday morning, down from $1.17in the prior year period.

Fresh Del Monte Produce gapped open lower Tuesday and steadily declined during the first hour of trade. Shares finished with a loss of 4.27 at $44.51 on the highest volume of the year. The stock sank beneath support and set a new low for the year.

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