Calavo Growers Volatile After Q4 Miss

Calavo Growers, Inc.

shares are trading lower by $0.80 at $49.85 in Tuesday's session. The Street is undecided on the company after a Q4 miss of $0.17 with $1 million more in revenues. After a flat open, sellers flooded the flooded the usually low volume issue, taking it all the way to $46.93 before reversing course. That marks the lowest level for the issue since it bottomed on October 16 at $46.50. The ensuing rally took the issue back up to $53.22 before violently reversing course once again. That high coincides with its December 18 high of $53.01.