Cardinal Health (CAH) projects Medical segment loss to be in the range of $25 million to $55 million for the first quarter of fiscal 2023, owing to inventory charges related to the company's gloves po

What's Happening With Cardinal Health Stock?

09:00am, Tuesday, 13'th Sep 2022
Cardinal Health stock (NYSE: CAH) has seen a significant 36% rise this year, outperforming the broader S&P500 index, which is down 15%.
Cardinal Health Inc. CAH, -1.23% cut its fiscal first-quarter earnings outlook for its Medical segment, citing ongoing simplification efforts that are expected to result in $25 million in inventory ch
Cardinal Health recently entered an agreement with Elliott Management, agreeing to appoint four director nominees to the board.
Cardinal Health (CAH) continues to gain traction from the solid pharmaceutical segment and a diversified product portfolio. However, the cost of products continues to rise.
The stock price of Cardinal Health (CAH) fell by 2.08% today. This is why.
Cardinal Health Inc. CAH, -0.46% announced a series of measures Tuesday aimed at boosting shareholder value and said activist investor Elliott Investment Management's Steven Barg will join its board.
Their payouts are likely to continue rising.
EPAM Systems was the best performer in the index in August. Ball Corp. was the worst.

S&P 500 Stock Market Winners Today

04:30pm, Monday, 29'th Aug 2022
Oil stocks were S&P 500 winners Monday, including Diamondback Energy. Bristol Myers Squibb was among the big losers.
It's been almost all about energy stocks in the S&P 500 this year. But not entirely.
One of the U.S.'s three dominant drug-distribution companies, Cardinal Health, is in the crosshairs of an activist investor.
The shares of Cardinal Health Inc (NYSE:CAH) have been on quite a tear lately, up 26.7% in the last month, with only two negative days since July 19.
Activist investor Elliott Management has a large position in Cardinal Health Inc. and is seeking a handful of seats on the medical-products distributor's board, according to people familiar with
The activist investor is seeking a handful of seats on the medical-products distributor's board, according to people familiar with the matter.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE