Goodfood Market Corp T.FOOD

Alternate Symbol(s): GDDFF | T.FOOD.DB | T.FOOD.DB.A

Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer infrastructure and technology. It is also focused on connecting its partner farms and suppliers to its customers’ kitchens. The Company's main production facility and administrative offices are based in Montreal, Quebec, with additional locations in the provinces of Ontario and Alberta. It is also engaged in providing premium tea varieties, which is available through Goodfood's meal kit subscriptions.

TSX:FOOD - Post by User

Goodfood Market Corp > Well this was unexpected .....

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Comment by Gringottson Nov 09, 2020 10:48am

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Post# 31862619

RE:Well this was unexpected .....

The announcement from Pfizer this morning was unexpected, for sure.

The drop in FOOD not too unexpected. The market is forward looking. If a vaccine for Covid 19 is available shortly and is effective, the demand for Goodfood products will stablise or decline. If given a choice, people prefer eating out and shopping with friends and family.

In this case, the company's growth will also either level off or decline going into the latter part of 2021. There is no need then to bid up the stock price.

How unfortunate!

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