Name: Catalent (CTLT) Crashes, Plans To Delay Earnings & Cut Guidance
Uploaded: 2023-05-08T20:19:02.141
Duration: 2 min 53 s

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Catalent (CTLT) is down over 25%. Jenny Horne discusses the latest update in why CTLT is falling. CTLT plans to delay reporting its 3Q earnings and will reduce its revenue and adjusted EBITDA guidance by over $400M each. CTLT is on track for its lowest close since January 2019. CTLT identified non-cash adjustments related to its operations in Indiana. Tune in to find out more about the stock market today.

Catalent (CTLT) Crashes, Plans To Delay Earnings & Cut Guidance

Expert commentary about top moving stocks, sectors, and commodities, along with CEO and analyst interviews.