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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Cardinal Health, Inc. - CAH

Cardinal Health, Inc. (CAH) 
Last cardinal health, inc. earnings: 2/6 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.cardinalhealth.com/home
Company Research Source: PR Newswire
NEW YORK, Aug. 24, 2019 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cardinal Health, Inc. ("Cardinal Health" or the "Company") (NYSE: CAH). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.The investigation concerns whether Cardinal Health and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] In March 2015, Cardinal purchased Cordis Corp. ("Cordis") from Johnson & Johnson. On August 2, 2017, Cardinal reported weak earnings for its fourth quarter and fiscal year 2017 and lowered its earnings guidance for fiscal year 2018 due in part to "higher-than- planned write-offs for excess inventory" at Cordis. On this news, Cardinal's stock price fell $6.34 per share, or 8.2%, to close at $70.99 per share on August 2, 2017.  Then, on May 3, 2018, Cardinal announced disappointi Show less Read more
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