LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Campbell Soup Company To Contact The Firm

Specifically, on November 21, 2017, the company announced disappointing first quarter 2018 financial results and reduced its fiscal year 2018 earnings guidance.

On this news, the Company's share price fell from $49.93 per share on November 20, 2017 to $45.84 per share on November 21, 2018—a $4.09 or 8.19% drop.

Then, on February 16, 2018, the Company announced more disappointing financial results for the second quarter of 2018, which were driven by "continued challenges" in Campbell Fresh.

On this news, the Company's share price fell—over four trading days—from $47.70 per share on February 15, 2018 to $42.20 per share on February 21, 2018.

Then, on May 18, 2018, the Company reported disappointing financial results for the third straight quarter and admitted that the Campbell Fresh division was not profitable for the first nine months of fiscal 2018. The Company also announced that its Denise Morrison would step down immediately as CEO.

On this news, the Company's share price declined from $39.22 per share on May 17, 2018 to $35.37 per share on May 18, 2018—a $4.85 or 12.37% drop.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. 

Faruqi & Faruqi, LLP also encourages anyone with information regarding Campbell's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

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SOURCE Faruqi & Faruqi, LLP