— Shares of the food production company tumbled 9% after Tyson cut its annual sales outlook and posted an unexpected loss for its latest quarter, according to FactSet. It also warned of a 4% decrease from the previous year in domestic beef production and flat pork production.— Shares added 2.
4% after the health-care stock topped earnings expectations and reaffirmed full-year guidance, despite a shortfall in revenue. Viatris posted $932.9 million in adjusted net income for the first quarter, ahead of the consensus estimate of $835.8 million from analysts polled by FactSet. Revenue, came in at $3.72 billion against a forecast of $3.8 billion.
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