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Why West Pharmaceutical Services Stock Is Heading South Today

Why West Pharmaceutical Services Stock Is Heading South Today

Shares of West Pharmaceutical Services (NYSE: WST) were down 11.7% as of 11:14 a.m. ET on Thursday. West reported Q3 net sales of $686.9 million, down 2.8% year over year. It now expects net sales will be between $2.83 billion and $2.84 billion compared to the previous forecast of $2.95 billion to $2.975 billion.