shares of vintage wine estates inc vwe plummeted 401 in afternoon trading wednesday toward a record low after the winery with brands including layer cake clos pegase and bar dog reported a surprise fiscal fourthquarter loss and provided a downbeat fullyear revenue outlook the company reported late tuesday a net loss for the quarter to june 30 that widened to 147 million or 24 cents a share from 61 million or 18 cents a share in the yearago period as the number of shares outstanding nearly doubled to 604 million from 331 million the factset consensus was for a profit of 9 cents a share revenue grew 324 to 755 million above the factset consensus of 742 million while cost of revenue jumped 644 for fiscal 2023 the company said it expects revenue of 300 million to 310 million the factset consensus as of the end of august was 3304 million the stock which was the biggest loser on major us exchanges has tumbled 624 over the past three months while shares of fellow wine producer duckhorn portfolio inc napa have dropped 150 and the sp 500 spx has gained 53