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Perrigo Company stock price
Perrigo Company latest news:
Perrigo surges as Starboard Value's Jeff Smith talks up the stock
Shares of Perrigo Co. surged Tuesday after Jeff Smith, chief executive officer of Starboard Value, singled out the pharmaceutical company as a good investment. Perrigo has more potential to boost sales through online vendors such as Amazon.com Inc. and the stock is undervalued due to the pricing pressure in its generics business, he said. Perrigo shares jumped 5.1% to $89.37. Altaba Inc. , another of Smith's best ideas presented at the Delivering Alpha conference, also rose 0.5%. Altaba was formed after Verizon Communications Inc. bought Yahoo's internet business.
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Perrigo Co. shares surge 12% after Q2 profit, revenue beats
Perrigo Co. PLC(PRGO) shares surged 12.2% in premarket trade Thursday after the company reported second-quarter profit and revenue beats and raised its 2017 guidance. The company reported a loss of $69.9 million, or a loss of 49 cents per share, narrowing a loss of $534.3 million, or a loss of $3.73 per share in the year-earlier period. Adjusted earnings-per-share were $1.22, compared with the FactSet consensus of 92 cents.
Top Analyst Upgrades and Downgrades: Blue Apron, Edison International, Goldman Sachs, Kohl’s, Nvidia, Perrigo and More
BRIEF-Perrigo says board suspends CFO search during search for John Hendrickson's successor as CEO - SEC Filing
* Perrigo company plc says on march 8, 2017, remuneration
committee of board approved changes to acting cfo ronald
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