John Bean (JBT) Stock Dips 9% in a Year: Will It Bounce Back?
JBTJohn Bean Technologies(JBT) zacks.com·2024-05-23 01:11

John Bean Technologies Corporation (JBT) shares have lost 8.8% in a year against the industry’s growth of 25.2%. This mainly reflects the impacts of material inflation, and supply-chain and logistic disruptions that the company has been facing for the past few quarters. Image Source: Zacks Investment Research High Costs Act as Woes John Bean has been witnessing material inflation, supply-chain and logistics disruptions, and higher labor costs. The shortages of critical raw materials (particularly electronic ...