Motley Fool: Here's Why Elanco Animal Health Fell 21.1% in August
Motley Fool: Here’s Why Elanco Animal Health Fell 21.1% in August
What happened
Shares of Elanco Animal Health (NYSE:ELAN) tumbled 21.1% last month, according to data from S&P Global Market Intelligence. The animal health giant reported second-quarter and first-half 2019 operating results that reflected the headwinds in global livestock markets, although operating margins improved thanks to lower cost of goods sold.
A week after announcing quarterly earnings,…
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