Based on the news, it'll probably continue south for a few days.
Chiquita stock drops 29 pct after bleak 3Q outlook Monday June 16, 4:46 pm ET Chiquita stock plunges 29 percent after fruit company forecasts bleak 3Q outlook
CINCINNATI (AP) -- Shares of Chiquita Brands International Inc. tumbled nearly 29 percent Monday after the banana and fresh fruit producer projected bleak third-quarter results. The Cincinnati-based company said it expects to report a "significant loss" in its third quarter due to higher costs.
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