Montrose Environmental Group, Inc. (MEG)
After hours:
- Simply Wall St.
Montrose Environmental Group (NYSE:MEG) adds US$51m to market cap in the past 7 days, though investors from a year ago are still down 31%
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- Zacks
Down -29.08% in 4 Weeks, Here's Why Montrose Environmental (MEG) Looks Ripe for a Turnaround
Montrose Environmental (MEG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- Motley Fool
Why Montrose Environmental Group Stock Is Falling Today
A fall in COVID-19 testing ate into results from environmental services company Montrose Environmental Group (NYSE: MEG), causing the company to miss expectations. Investors were apparently caught off guard, sending shares of Montrose down about 25% in midday trading Wednesday. Montrose provides environmental testing, lab services, remediation, and consulting to a range of industries.
