Sweetgree a Aktie
WKN DE: A3C7N2 / ISIN: US87043Q1085
07.03.2025 17:45:31
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Why Sweetgreen Stock Plunged 31% Last Month
Shares of salad restaurant chain Sweetgreen (NYSE: SG) plunged 30.9% in February, according to data provided by S&P Global Market Intelligence. The company did report financial results for the fourth quarter of 2024 during the month, but that report didn't come until Feb. 26. Sweetgreen stock was already down by about 30% by then, meaning the report wasn't the problem per se.Perhaps some commentary from analysts can help explain what was going on with Sweetgreen stock in February. On Feb. 11, analysts at Citi lowered its price target for Sweetgreen from $49 per share to $43 per share, according to The Fly. The analysts basically said that an expensive stock and slowing sales growth don't mix, leading them to lower expectations ahead of the Q4 report.This appears to have been the general investor sentiment for Sweetgreen stock in February -- worried that it was getting too expensive and would soon drop. With analysts, such as those from Citi, supporting this belief, the sell-off with Sweetgreen stock seemed to pick up steam.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Nachrichten zu Sweetgreen Inc Registered Shs -A-mehr Nachrichten
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Ausblick: Sweetgreen A gewährt Anlegern Blick in die Bücher (finanzen.net) | |
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Erste Schätzungen: Sweetgreen A verkündet Quartalsergebnis zum jüngsten Jahresviertel (finanzen.net) | |
25.02.25 |
Ausblick: Sweetgreen A vermeldet Zahlen zum jüngsten Quartal (finanzen.net) | |
11.02.25 |
Erste Schätzungen: Sweetgreen A gibt Ergebnis zum abgelaufenen Quartal bekannt (finanzen.net) |
Analysen zu Sweetgreen Inc Registered Shs -A-mehr Analysen
Aktien in diesem Artikel
Sweetgreen Inc Registered Shs -A- | 12,58 | -4,98% |
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