Hormel Shakes Chicken Market: Pilgrim's Pride Feels the Pinch

Why did Pilgrim's Pride shares dip despite no company news? Hormel's earnings woes triggered investor fears about rising ingredient costs crushing the entire food sector, dragging down Pilgrim's Pride. Is this a buying opportunity for the long term, or a sign of deeper problems ahead for protein producers? Find out how cost pressures could shape the future of your favorite food stocks. Hosted on Acast. See acast.com/privacy for more information.