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January 9, 2024 · earnings

NEOG earnings: a negative outcome, -8.4%

On January 9, 2024, NEOGEN CORP reached its earnings. The result was a negative outcome, and the stock moved -8.4% in the window around the event. It had already run +7.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$19.84
1d before
$18.18
Event day
$18.75
1d after
$18.18
5d after

Pre-catalyst setup

+7.0%
30-day run-up
3407%
30-day volatility
0.9×
volume spike