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Why Aramark Stock Was Down on Tuesday

Why Aramark Stock Was Down on Tuesday

Aramark (NYSE: ARMK) stock stumbled on Tuesday, down by 10% as of 2 p.m. ET, compared to a 0.1% drop in the S&P 500. The slump came as Wall Street digested Aramark's latest quarterly earnings results. Sales growth was strong in the fiscal Q1 period that ran through late December.