Bunge Global SA Faces Up to 55% Potential Long-Term Downside

Spruce Point Capital Management has released a report calling Bunge Global SA's shares a "Strong Sell" with up to 80% potential long-term downside to $55.85 per share. The report highlights the company's complex and troubled business, growing core challenges, and inability to deliver value to shareholders. Bunge competes with heavyweights like Cargill and ADM and is exposed to Latin America, where it faces pressure from Chinese state-owned corporation COFCO.