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Zoetis (ZTS) Plunges 4.50% Amid Market Turmoil
Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 8, 2025 7:49 pm ET1min read
Zoetis (ZTS) shares fell 4.50% intraday, marking the lowest level since January 2023, with a cumulative decline of 11.68% over the past four days.
The primary factor driving the recent decline in Zoetis' stock price is the turmoil in the U.S. stock market following the announcement of new reciprocal tariffs by the President on April 2, 2025. These tariffs have caused significant market volatility, affecting stocks across various exchanges, including
. While some hedge funds view this as an opportunity to acquire stocks at lower prices, the overall market chaos has contributed to Zoetis' underperformance.
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