🔴 Zoetis is trading 5% down today as S&P 500 and Nasdaq slide

Zoetis is trading 5.21% down at $84.30 on November 5 amid a broader-market sell-off.

• The S&P 500 is down 3.16% and Nasdaq is down 4.86%; broad risk-off sentiment is the likelier context for the decline.
• Shares fell from the November 4 close of $89.20.
• Q3 revenue of $2.4 billion and adjusted EPS of $1.75 topped estimates; Zoetis raised its adjusted EPS outlook. Earnings news initially coincided with a premarket gain and does not clearly explain the current drop.