Hain Tumbles After Delaying Results Over Accounting Concerns

  • Company also says it won’t achieve its guidance for 2016
  • Organic-food supplier has been cited as takeover target

Hain Celestial Group Inc., a supplier of organic and natural products to Whole Foods Market Inc. and other grocers, plunged the most in more than 15 years after delaying financial results on accounting concerns and abandoning its full-year targets.

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