Winter chill over My Food Bag earnings and staff cuts

My Food Bag's chair Tony Carter, left, and CEO Mark Winter. (Image: My Food Bag)

Mon, 22 May 2023

My Food Bag chief executive Mark Winter says he’s “almost given up” trying to guess which direction the company’s share price is going to head as investors react to market news.The meal-kit company's share price has been belted in recent times, falling more than 72% in the past 12 months, from 72.2 cents to 18.5 cents as of Friday.The shares first opened trading on the NZX at $1.76 on March 5, 2021, which was down 5% on the initial public offer price of $1.85.Mark Winter has been at My Food Bag since early 2019 &ndas...

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