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Investor's Business Daily

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Medpace stock tumbles to 17-month low after weaker-than-expected bookings

Investor's Business Daily
Summary
Nutrition label

80% Informative

Medpace stock tumbled to a 17-month low Tuesday after lighter-than-expected bookings in the March quarter .

In the first quarter , Medpace Holdings ( MEDP ) booked $500 million in net new business, missing expectations for the fifth consecutive quarter .

New bookings slumped nearly 19% year over year and added onto a four-quarter trend of sequential declines.

Medpace also raised its 2025 sales outlook by $30 million .

VR Score

88

Informative language

96

Neutral language

45

Article tone

formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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