Why Avantor Stock Crashed 10% Today
Shares of chemical reagents producer Avantor (NYSE: AVTR) are slumping today, down by 10.4% as of 2 p.m. ET, after the company posted a bit of a miss in its Q2 earnings report last night.
Expected to earn $0.38 per share on sales of $2 billion, Avantor instead reported a profit of $0.37 per share and sales closer to $1.9 billion.
And that's the good news.
Source Fool.com