US EditionAvantor Stock Decline Amid CEO Departure - PressReach
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Avantor Plunges 19% as CEO Exits, Sales Slump Deepens - Wall Street Pit
Avantor Inc. (AVTR) shares dropped 19% to $12.41 after lowering its full-year organic revenue outlook to 1% growth to 1% decline, citing reduced demand in education and government markets due to new administration policies. First-quarter revenue fell 6% to $1.58 billion, missing analyst estimates of $1.61 billion, while adjusted earnings…
Avantor Stock Decline Amid CEO Departure - PressReach
Avantor Inc., a key player in the life sciences sector, has recently seen a significant drop in its stock value following the announcement of its CEO’s departure. The company, listed as VWR on the New York Stock Exchange, has been struggling with a downturn in sales, prompting a revision of its financial outlook. The CEO’s exit comes at a challenging time for Avantor as it grapples with market pressures and a weaker-than-expected financial perfo…
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