Boulder Brands stock price dives on earnings warning

BOULDER – Boulder Brands Inc. – parent company of several local food brands – saw its stock hit a 52-week low Wednesday morning after the company released a preliminary look at third-quarter earnings that came in lower than expected.

Trading under the ticker symbol BDBD on the Nasdaq exchange, Boulder Brands shares dipped to $8.72 in early morning trading before flattening out at $9.75, down more than 23 percent from the previous day, by late afternoon.

Boulder Brands counts Evol Foods, Glutino, Udi’s Gluten Free, Earth Balance, Level Life and Smart Balance among its offerings.

The company’s official third-quarter earnings report is slated…