Dole (DOLE) Crunched on 4th Quarter Miss

Dole Food Co. (NYSE:DOLE) got cut down on Tuesday, as its fourth-quarter report was dismal, missing estimates by a wide margin.

The food company reported a loss of 31 cents a share in the quarter, excluding items, far below the 18 cents a share in profits analysts were looking for.

That's the lowest level the company has traded at since it went public in October 2009.

Dole closed at $13.06, down $1.26, or 8.80 percent.