NEW YORK — General Mills Inc.’s gains last quarter weren’t enough to calm investors, who drove the stock down the most in six months.
While net sales rose for a third straight quarter, they missed analysts’ estimates. Sales in North America — its biggest region — fell, dragged down by declines in U.S. snacks and yogurt.
Shares of General Mills sank as much as 8.8 percent to $43.57 Tuesday in New York, their biggest drop since March.