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Fly News Breaks for September 5, 2018
WMK
Sep 5, 2018 | 09:45 EDT
Spruce Point Capital issued a Strong Sell opinion on Weis Markets, stating that it sees "45% to 65% downside" amid "strong evidence now the business is declining organically." The firm sees earnings to contract 20% given Weis' "significant fixed cost operating leverage," Spruce Point stated in its report. Reference Link
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