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Why Is Berry Global Group Stock Falling Today?

Berry Global Group, Inc. (NYSE:BERY) shares are trading lower on Thursday. The company reported second-quarter adjusted earnings per share of $1.95, beating the street view of $1.91.  Quarterly revenues of $3.076 billion missed the analyst consensus of $3.155 billion. Net sales decreased 6% year over year as the pass-through of lower resin prices had a 5% negative impact.  Volumes declined 2%, which was in line with the company’s expectations, and ...