Nogin, Inc. Price & Performance (NOGNW)

Neogen Corporation’s stock has plummeted 83% over five years, with a sharp 57% decline in the past year alone. Recent quarterly results missed expectations, showing a negative net margin and falling revenue. Despite insider buying, analysts remain cautious as the company’s fundamentals continue to deteriorate.12

An involuntary Chapter 7 petition was filed against Nogin Commerce, LLC by several creditors, citing $3.33 million in claims. This follows B. Riley Financial’s recent impairment charge of up to $74 million related to Nogin and the company’s transfer of assets for creditor benefit, signaling deepening financial distress for the e-commerce firm.34

Recent corporate actions include numerous reverse splits and ETF liquidations, impacting shareholders of companies like Cara Therapeutics, AlloVir, and ETFs such as NYLI Cleaner Transport. These moves reflect ongoing volatility and restructuring efforts in smaller-cap and specialty investment sectors, with several stocks delisted or moved to over-the-counter markets.5