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Whole Foods Is Crumbling

Mamta Badkar   

Whole Foods Is Crumbling

Whole Foods is down 9.5% to $58.35.

The stock took a beating after hours on Wednesday after the company reported Q4 earnings.

While the company beat earnings expectations by a penny it lowered guidance and disappointed on same-store sales. The Nasdaq is down 1% and is being dragged down by Whole Foods, Tesla, and Qualcomm.

Here's a look at how Whole Foods' five-day chart:

wholefoods

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