Market Chatter: Cal-Maine Foods' Founding Family Sold $320 Million Stake After Price Surge

MT Newswires Live

07/09

Cal-Maine's (CALM) founding Adams family sold about $320 million of its controlling stake last April, the Financial Times reported Thursday.

Cal-Maine shares roughly doubled from about $45 in June 2022 to around $95 in March 2025, allowing the family to sell nearly 3 million shares at $92.75 each after converting its super-voting stock into common shares, according to the report.

The US Department of Justice and 17 state attorneys general had alleged Cal-Maine and rivals coordinated bids and trades to influence the Urner Barry egg price benchmark.

Cal-Maine did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2650283929","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650283929","pubTimestamp":1783589776,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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