Superior Plus (TSX: SPB) stock price drops 18% — what to know before Toronto markets reopen
Superior Plus shares fell 18.4% to C$6.48 Friday after the company delayed its “Superior Delivers” overhaul payoff to 2028 and cut multi-year growth targets. The drop came despite the TSX closing at a record high. Superior missed quarterly revenue estimates and forecast slower EBITDA growth. CIBC downgraded the stock and cut its price target.
