Dole Shares Fall About 8% After Earnings Miss and Profit Target Cut

Dole plc shares fell about 8% before the market opened Monday, Nov. 9, after the fresh produce company’s adjusted earnings for the third quarter came in below estimates. The company also reduced its full-year profit target. Dole cited a higher cost environment as the reason for the lower target. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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