ADM Faces Mounting Struggles After Accounting Investigation Triggers $8 Billion Value Loss

• ADM lost over $8 billion in market value after an investigation into its accounting practices was announced • The company's strategy to diversify into nutrition, like pet food and veggie burgers, has struggled • An SEC investigation is focused on transactions between the nutrition unit and other business segments • ADM has restated some financials, replaced managers in the nutrition unit, and is reviewing underperforming assets • Turning around the nutrition business and restoring investor confidence will take significant time and effort