Hard Times For NutriSystem
NutriSystem trimmed its stock by over 30% hitting a new 52 week low after announcing a reduced forecast for third-quarter revenue. The company is now expecting third quarter revenue to drop from $200 million and $208 million to $188 million. The company also dropped its profit guidance from between 77 cents a share and 82 cents to between 62 cents and 66 cents. Cramer has gone on the record as saying stay away from this stock.

























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