Cal-Maine’s stock falls as DOJ reportedly weighs bigger crackdown on major egg producers
Cal-Maine stock falls as DOJ reportedly weighs bigger crackdown on major egg producers.
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cal-maine's stock fell on tuesday after reports that the doj is considering a broader antitrust crackdown on major egg producers. egg prices had surged past $6 a dozen in march 2023, but have since dropped as farmers rebuilt their flocks. the potential investigation is reportedly focused on whether large producers coordinated to limit supply and keep prices high.
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