Hain Celestial Stock Soars After Fed Rate Cut Hints

Hain Celestial stock jumps 8.5% on hints of Fed rate cuts, but is this a turning point or a blip? After a brutal year with 70% losses since January, and a $1,000 investment now worth just $54, can lower borrowing costs revive this natural food company's fortunes? We break down the market's reaction to Powell's comments and what it means for Hain Celestial's volatile ride. Hosted on Acast. See acast.com/privacy for more information.