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Vital Farms Shares Slide 18% Despite Strong Q4 Profit, Revenue Growth

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

Shares of Vital Farms, Inc. (VITL) slid 18% on Thursday even after the company reported higher fourth-quarter earnings and revenue.

The stock is currently trading at $20.39, down $4.40 or 17.75%. It opened at $20.62 after closing the previous session at $24.79. The stock has traded between $19.80 and $53.12 over the past 52 weeks.

Vital Farms reported fourth-quarter net income of $16.32 million, or $0.35 per share, up from $10.58 million, or $0.23 per share, in the same period last year. Revenue rose to $213.55 million, compared to $165.99 million a year ago.

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