Cryptocurrency Q&A Why is Scotts Miracle-Gro stock dropping?

Why is Scotts Miracle-Gro stock dropping?

Davide Davide Sun Nov 10 2024 | 7 answers 1153
I've been keeping an eye on Scotts Miracle-Gro stock recently and noticed that it's been dropping. I'm wondering what factors might be causing this decline in the stock price. Why is Scotts Miracle-Gro stock dropping?

7 answers

TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Tue Nov 12 2024
The company has witnessed a downturn in revenue within a specific segment over the last three years.

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SamuraiHonor SamuraiHonor Tue Nov 12 2024
This decline can be attributed to the shrinking volumes in the market.

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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Tue Nov 12 2024
Despite this, SMG remains committed to achieving its ambitious growth targets for 2021.

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KatanaSharpened KatanaSharpened Tue Nov 12 2024
A key strategy for this growth is a projected 10% increase in volume.

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ethan_thompson_psychologist ethan_thompson_psychologist Mon Nov 11 2024
However, the current market conditions pose significant challenges to this goal.

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