Why is MBC down?
Down 6.1% today, more than its consumer discretionary peers' 1.4%; no story names it yet.
Fell on Nov 6
Down 5% on Nov 6 while the S&P 500 rose 0.3%.
“Gross profit margin decreased 660 basis points, driven by lower volume and the related unfavorable fixed cost leverage, inflation that outpaced pricing actions”