Cal-Maine’s stock falls as DOJ reportedly weighs bigger crackdown on major egg producers

Shares of Cal-Maine Foods fell in extended trading Friday after a report that the Justice Department could be close to filing a civil antitrust lawsuit against the major egg producer and some of its rivals.

The report from the Wall Street Journal late Friday comes after higher egg prices last year and in 2024 became emblematic of the cost-of-living increases that have squeezed consumers over the past half-decade. Egg prices surged during those years as a large bird-flu outbreak led producers to cull millions of egg-laying chickens, curbing supplies.