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Why Owens & Minor Stock Popped 15% Today

TheMotleyFool

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Why Owens & Minor Stock Popped 15% TodayPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

Shares of medical and surgical gear manufacturer Owens & Minor (NYSE: OMI) surged in Wednesday trading, rising 15.2% through 11:35 a.m. EDT after the company posted a big Q3 earnings beat this morning.

Instead of the $2.46 billion in sales and $0.55 per share in pro forma profit that Wall Street had expected, Owens & Minor reported $2.5 billion in sales and a $0.74-per-share profit.

Image source: Getty Images.

Source Fool.com

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