Topic: genetics

two farmers feeding cows

Neogen plunges on Q3 miss, CEO seeks growth for gene-testing

Shares of Michigan-based Neogen fell 12% to $46.06 on March 23, after the company announced third-quarter results that fell short of expectations. There was one bright spot, however: GeneSeek, its genomic-testing business based in Lincoln, NE, saw its revenues spike 24% on increased demand for swine, cattle and dog testing services.