Please Upload related files below
Fill in below.
Tell us the stocks you own using SnapTrade, and we will keep you informed about class action litigation related to your stocks. We monitor critical case developments that may affect the price of your shares and your possible monetary recovery. SnapTrade only shares the tickers you own and your transaction history, not your account numbers. Using SnapTrade and participating in our monitoring service is free and does not create any attorney-client relationship or obligation on your part.
Don’t miss out on possible monetary recovery - link your account with SnapTrade.
Owens & Minor issued a press release on February 3, 2025, “announc[ing] selected preliminary financial results for the fourth quarter and year ended December 31, 2024 in advance of its upcoming earnings announcement and conference call.” Among other items, Owens & Minor reported revenue that fell short of consensus estimates and said that it “expects to record a non-cash goodwill impairment charge within its Apria division of approximately $310 million, or approximately ($4.00) net loss per share.” The Company attributed the impairment charge “to a combination of factors occurring in the fourth quarter 2024”, “[t]he majority of [which] are related to financial market changes inclusive of a decline in Owens & Minor’s stock price and rising interest rates.”
Following this news, Owens & Minor’s stock price fell over 35% on the same day.