Veru (VERU) Stock: Why It Increased Over 17% Today

By Amit Chowdhry ● Aug 11, 2022
  • The stock price of Veru (VERU) increased by over 17% during intraday trading today. This is why.

The stock price of Veru (VERU) increased by over 17% during intraday trading today. Investors are responding positively to the company’s second-quarter results.

Veru reported a Q2 EPS of ($0.28), which was $0.12 lower than analyst estimates of ($0.16). And the revenue for the quarter was $9.6 million compared to the consensus estimate of $16.67 million.