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Will Ashworth

BIZARRE: Nomad foods hits 52 week low time to buy - What They Never Told You

Nomad Nomad Foods Findus Martin Franklin SPAC

There were 22 new 52-week lows on the New York Stock Exchange on Tuesday compared to 69 new 52-week highs. Among the 22 companies hitting new lows, UK frozen foods producer Nomad Foods (NOMD) caught my attention.

The company, whose frozen food brands include Birds Eye, Findus, and Iglo, slid to its 18th 52-week low on Tuesday. It last traded this low in October 2023.

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