Whole Foods Falls On Heavy Volume After Downgrade (WFMI)

Shares of Whole Foods WFMI are falling on heavy volume after analysts at BMO Capital Markets cut their rating on the stock from Outperform to Market Perform. Whole Foods (WFMI) has lost 4.14% to $48.65. Around 1.4 million shares have already changed hands on the trading session. Whole Foods is now trading just below its 50-day moving average of $48.68 but above its 200-day moving average of $40.49.