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Why Scotts Miracle-Gro Stock Was Withering Today

Why Scotts Miracle-Gro Stock Was Withering Today

As of mid-afternoon trading on Wednesday, Scotts Miracle-Gro (NYSE: SMG) stock was doing the opposite of growing. On news of a payout for one of the agricultural and cannabis cultivation retailer's departed executives, investors were trading the shares down by over 4%. After market hours Tuesday, Scotts Miracle-Gro detailed in a regulatory filing the pay package it's doling out to former CFO Cory Miller.