Cencora, Inc. saw its stock plummet 17.3% after reporting Q2 earnings that missed estimates by $0.07, coming in at an adjusted EPS of $4.75. The company further trimmed its revenue growth forecast in light of slower U.S. sales, prompting Rosen Law Firm to initiate an investigation into potential misleading business information. Despite reporting $78.4 billion in revenue and recent strategic acquisitions, these developments have shaken investor confidence and increased trading volatility.
“Rosen Law Firm · announces an investigation of · Cencora, Inc. investors · potential securities claims on behalf of shareholders resulting from allegations that Cencora may have issued materially misleading business information”