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Updated · MarketWatch · Apr 30Zoetis stock rises 1% and snaps two-day losing streak
8 articles · Updated · MarketWatch · Apr 30
- Shares closed at $114.97 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
- Zoetis still lagged the broader market's rally, while trading volume reached 4.3 million shares, above its 50-day average of 3.8 million.
- The stock remains 33.25% below its 52-week high of $172.23 reached on 3 June; among peers, Merck fell 1.60% and IDEXX rose 1.29%.
Is Zoetis's stock a historic bargain or a value trap fueled by safety scares and new competitive threats? Are younger pet owners' spending habits a temporary blip or a long-term threat to the animal health industry?