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Zoetis shares plunge 21.5% after cutting 2026 revenue forecast amid weak pet-care demand.

Market News
21 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Zoetis Inc. shares dropped about 21.5% on May 7, 2026, after the company lowered its full-year 2026 revenue guidance, citing weaker demand in the U.S. pet-care market, macroeconomic pressures, and increased competition. This sharp decline followed the company's Q1 2026 results missing expectations and a reduction in its organic revenue growth outlook. Levi & Korsinsky, LLP has launched an investigation into whether Zoetis and its executives made misleading statements about the company's revenue outlook and competitive position. Investors who suffered losses are encouraged to contact the law firm for potential legal action.

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