Neogen shares are trading lower after the company reported worse than expected Q1 earnings.
Portfolio Pulse from Benzinga Newsdesk
Neogen Corporation's shares are trading lower following the company's Q1 earnings report, which fell short of expectations.
October 10, 2023 | 11:58 am
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NEGATIVE IMPACT
Neogen Corporation's stock price is expected to decrease in the short term due to worse than expected Q1 earnings.
Neogen Corporation's Q1 earnings report fell short of expectations, which is a negative signal to investors. This could lead to a sell-off of the company's shares, causing the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100