Bob Evans Farms Inc BOBE shares are trading lower by $0.70 at $39.20 in Wednesday's session. Despite posting better-than-expected Q2 earnings, the company forecasts Q3 and Q4 comps to be in the low single-digits range.
After a lower open, it swooned to $36.56 before staging a rebound. That level coincides with its December 2012 low at $36.84.
Since reaching that depressed level, it has rebounded and is attempting to reach the lower end of Tuesday's range ($39.42).
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