India, Jan. 31 -- Vestis Corporation's (VSTS) stock experienced a significant drop of 13.29 percent during Friday morning trading. This decline followed the company's announcement of its first-quarter fiscal 2025 results, which showed a decrease in revenue compared to the same period last year.
Currently, VSTS is trading at $13.73 down 12.97 percent or $2.11 on the Nasdaq. The stock opened at $14.08 and traded within a range of $13.59 to $14.49 during the day.
With a 52-week range of $8.92 to $22.37, the current price represents a significant drop from its recent highs. The volume for the day was approximately 1.99 million shares, higher than the average volume of 1.87 million.
For the first quarter of fiscal 2025, Vestis reported revenu...