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Zoetis Stock Falls 6% Despite Strong Revenue Report

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Zoetis Inc. (ZTS) is down 6.56 percent, dropping $10.84 to $163.04. The decline comes despite after the company reported revenue of $2.32 billion, up from $2.21 billion in the prior year.

ZTS is currently trading at $162.08, down from the previous close of $173.88. The stock has moved between $154.38 and $164.05 during today's session. Trading volume stands at 7.06 million shares, well above the average volume of 2.54 million.

Zoetis remains within its 52-week range of $144.80 to $200.53, as investors react to the latest financial results.

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