Neogen Corp shares are trading lower after the company disclosed modestly negative core growth, slightly below expectations for Q1.
Portfolio Pulse from Benzinga Newsdesk
Neogen Corp's shares are trading lower after the company reported modestly negative core growth, slightly below expectations for Q1.
September 07, 2023 | 2:17 pm
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NEGATIVE IMPACT
Neogen Corp's shares are trading lower due to modestly negative core growth in Q1, which was below expectations.
Neogen Corp's shares are trading lower due to the company's Q1 core growth being slightly below expectations. This negative news could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100