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Charles River Labs' strategic review and board changes boosted its stock by 22%, despite a 25.5% YTD decline.
Charles River Laboratories announced a strategic review and board changes, leading to a 22% stock surge.
The company updated its FY25 outlook, projecting earnings of $4.35 to $4.85 per share and adjusted earnings of $9.30 to $9.80 per share, on a slightly declining revenue due to improved net bookings in its DSA segment.
Despite the stock increase, it is still down 25.5% year-to-date.
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La revisión estratégica y los cambios de la junta directiva de Charles River Labs aumentaron sus acciones en un 22%, a pesar de una disminución del 25,5% YTD.