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Why Scotts Miracle-Gro Stock Was Down on Thursday

Why Scotts Miracle-Gro Stock Was Down on Thursday

Scotts Miracle-Gro (NYSE: SMG) investors lost ground to a falling market on Thursday. The wider market's slide was a factor in Scotts' decline, but investors also have some specific worries about its lawn care and indoor growing businesses. Wall Street sent shares lower across the market for that same reason on Thursday morning.