Conagra (CAG) Launches 100 Brand Products As It Moves From S&P 500

Conagra Brands (NYSE:CAG) is set to be removed from the S&P 500 and added to the S&P 600 Index. The index changes coincide with the launch of a broad new product lineup spanning nearly 100 brands. These moves highlight a shift in Conagra Brands' market profile alongside a refreshed push into evolving consumer trends. Conagra Brands enters this transition with its stock trading at $13.61 and recent performance that has been weak over longer periods. The share price is down 21.3% year to date...