Phibro Animal Health Corp.
shares plummeted in the extended session Tuesday after the animal health and nutrition-products maker missed Wall Street estimates and said demand from China has declined due to an outbreak of swine fever. Phibro shares fell 25% after hours, following a 0.6% decline in the regular session to close at $31.57. The company reported fiscal fourth-quarter net income of $8.8 million, or 22 cents a share, compared with $22.1 million, or 55 cents a share, in the year-ago period.
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