Catalent Inc. Common Stock (NYSE: CTLT)
24 Days left to seek lead plaintiff status.
Company Name:Catalent Inc. Common Stock
Stock Symbol:NYSE: CTLT
Class Period Start:08/30/2021
Class Period End (inclusive):10/31/2022
On November 1, 2022, the Company reported its financial results for 1Q2023 ending September 30, 2022, disclosing that its earnings had fallen to zero, a slashed fiscal year 2023 revenue guidance from $4.975B to $5.225B to the range of $4.625B to $4.875B, and that it was anticipating “negative P&L [profit and loss] effects,” due to regulatory issues. On this news, shares of Catalent plummeted by 31.7% over two trading sessions, to close at $44.90 per share on November 2, 2022.