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  • sdferrell sdferrell Jun 2, 2011 12:27 PM Flag

    What Happened Today?

    While I'm sure a healthy e. coli scare didn't hurt the stock any, a bunch of stocks jumped at 2:30 PM. I think that must have been when the news about the Greek bailout (or whatever it was) occurred. Of course, NEOG jumped quite a bit more than the overall market, but NEOG frequently responds strongly when good/bad economic news comes out of Europe...not really sure why. European sales are not such a big percentage of overall sales that it would warrant such a reaction. I even called IR about it once thinking everyone knew something I didn't. They didn't have a good answer either. Sure, sales are impacted somewhat. Okay, there's currency impacts. But no real solid reason.

 
NEOG
46.55-0.35(-0.75%)2:14 PMEDT