2024-04-04 13:54:43 ET
Summary
- Inotiv, Inc. shares are under pressure after a judge ruled a shareholder class action lawsuit can move forward.
- The company's latest quarterly results were highlighted by an emerging financial turnaround following a difficult 2022 and 2023.
- We expect Inotiv, Inc. shares to remain volatile amid ongoing uncertainties, while a high balance sheet debt position also adds to risks.
Inotiv, Inc. ( NOTV ) shares have sold off by more than 30% following a recent court ruling denying the company's effort to dismiss a class-action lawsuit....
Read the full article on Seeking Alpha
For further details see:
Inotiv Stock: Financial Turnaround Overshadowed By Animal Testing Controversies