Why Mission Produce Stock Jumped Today
Mission(AVO) The Motley Fool·2024-09-11 01:44
Higher avocado prices lifted the produce business's fiscal Q3 results.Shares of Mission Produce (AVO 18.90%) jumped Tuesday after the avocado, mango, and blueberry business reported results for its fiscal 2024 third quarter. As of 1:30 p.m. ET, Mission Produce stock was up by a whopping 19.3%.High prices are a good thing for Mission ProducePrices for fresh produce can fluctuate greatly, but prices were working in Mission Produce's favor in its fiscal Q3, which ended July 31. During that period, its revenue ...