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Tyson Foods Shares Rebound; Drop Earlier on Higher Freight Costs

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May 08, 2018 at 03:08 PM CST
https://www.drovers.com/article/tyson-foods-shares-rebound-drop-earlier-higher-freight-costs Tyson Foods Inc. shares turned higher on Monday on last-half profit optimism after its quarterly profits missed Wall Street estimates as the biggest U.S. meat processor felt the brunt of higher freight and labor costs, sending its shares down nearly 6 percent in premarket trading.