Avantor Inc.’s stock price has surged to $13.19 USD, a significant increase from its 52-week low, following a push by an activist investor for strategic changes.
Avantor’s stock price has surged to $13.27 USD, a significant jump from its 52-week low, following pressure from an activist investor pushing for strategic changes within the company.
Avantor Inc, a leading US-based chemical and laboratory supplies company, is facing pressure from activist investor Engine Capital to make significant changes or consider a sale.
Avantor Inc’s Q2 earnings have been disastrous, with plummeting revenue and a significant decline in stock price, prompting a need for drastic changes to the company’s business model.
Avantor Inc reports disappointing Q2 earnings, but outlines a plan to achieve $400 million in cost savings by 2027 to improve its financial performance.
Avantor Inc’s disappointing second-quarter earnings report highlights the challenges facing the chemicals industry, with the company’s stock price taking a hit as it struggles to adapt to a rapidly changing market.
Avantor has appointed Emmanuel Ligner as its new President and CEO, marking a significant milestone for the company as it looks to drive growth and capitalize on new opportunities.
Avantor’s new CEO, Emmanuel Ligner, faces a daunting task in turning around the struggling company’s fortunes after a 50% decline in stock price over the past year.