Cencora, Inc. (COR) shares dropped 15.06 percent to $259.82, down $46.08 on Wednesday, even as the company reported strong second-quarter earnings growth.
The stock is currently trading at $259.82, compared to a previous close of $305.90 on the New York Stock Exchange. It opened at $268.02 and traded between $244.82 and $267.07 during the session, with volume reaching 2.70 million shares.
The company reported net income of $1.64 billion, or $8.40 per share, up from $717.87 million, or $3.68 per share, last year, while revenue rose 3.8 percent to $78.355 billion.
The stock has traded between $244.82 and $377.54 over the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.