"Borden Dairy files for bankruptcy, basically trying to get out from under overwhelming debt. Milk prices are hitting multi-year highs, but traditional milk consumption is still falling by about $1 billion per year. Interesting stat in their statement that 2700 US dairies went out of business last year alone."
There has been an interesting shift in the milk consumer paradigm in the US. with resect to traditional milk products. Have attached some recent articles which support this. Perhaps an opportunity for A2M if the marketing strategy is focused and targeted properly given the shift.
https://edition.cnn.com/2019/11/21/business/milk-industry-dean-foods/index.html
https://www.bloomberg.com/news/articles/2020-01-10/distaste-for-dairy-sends-milk-processors-to-bankruptcy-court
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Last
$4.82 |
Change
-0.100(2.03%) |
Mkt cap ! $3.489B |
Open | High | Low | Value | Volume |
$4.95 | $4.95 | $4.77 | $31.51M | 6.542M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3831 | $4.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.82 | 252136 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3831 | 4.810 |
2 | 4260 | 4.800 |
2 | 6100 | 4.790 |
5 | 31763 | 4.780 |
4 | 29250 | 4.770 |
Price($) | Vol. | No. |
---|---|---|
4.820 | 252136 | 2 |
4.830 | 25742 | 4 |
4.840 | 5000 | 1 |
4.850 | 268495 | 4 |
4.860 | 118035 | 2 |
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