🔴 Neo Performance Materials is trading 5.46% down today after strong Q2 results prompted investor profit-taking

Neo Performance Materials is trading 5.46% down at CA$41.91 after investor profit-taking despite strong second-quarter results.

• Adjusted EBITDA reached $57.0 million, up over 200% year over year; revenue was $205.75 million and adjusted EPS was $0.51, exceeding estimates.
• Results were released August 11, 2026; conservative second-half spot-sales assumptions and elevated valuation near recent highs also appear to have pressured shares, while broader markets were roughly flat.