Shares of German meal kit firm HelloFresh jumped on Tuesday after the company reported a better-than-expected profit in the second quarter and said its ready-to-eat meals segment saw rapid growth.
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HelloFresh shares plunged 42% on Friday morning after the company said it expected lower earnings in 2024.
HelloFresh shares plunged more than a fifth on Thursday after the German meal-kit delivery group delivered a profit warning on weaker-than-expected sales growth and higher costs at its North American division.
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