Why Neogen Stock Blasted More Than 31% Higher Today
2026-01-08 19:24:33 ET
The stock of healthcare company Neogen (NASDAQ: NEOG) was the very picture of financial health on Thursday, as its share price ballooned by over 31% that trading session. Investors were clearly impressed by the quarterly earnings report published in the morning by the company.
For its second quarter of fiscal 2026, Neogen's top line sank by almost 3% year-over-year to land at $224.7 million. The food and animal safety company's net income not according to generally accepted accounting principles ( GAAP ) also declined, although not to a worrying degree, to $22.6 million ($0.10 per share) from the year-ago profit of $24.4 million.
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NASDAQ: NEOG
NEOG Trading
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