22.49
price down icon6.72%   -1.62
pre-market  Pre-market:  22.52   0.03   +0.13%
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Why is Option Care Health Inc (OPCH) Stock down?

We've noticed a 6.72% decline in Option Care Health Inc (OPCH) stock during the 2024-11-04 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
25 Oct, 2023:

Shares of Option Care Health (OPCH) dropped by 15.49% from $32.87 to $27.78 in the trading on Wednesday, October 25, 2023. The reason why OPCH stock down is due to mixed third-quarter results. In the third quarter of 2023, Option Care Health reported a 7.1% year-over-year revenue growth, reaching $1.093 billion. This resulted in a substantial 45% increase in net income to $56.3 million, or $0.31 per share. Despite the positive outlook, Option Care Health's stock price fell. One reason could be that the stock had already seen significant gains, up over 20% since the beginning of June. Investors may have had high expectations going into the report, and the market's reaction might reflect a tempering of enthusiasm for an otherwise strong business.

medical_care_facilities SEM
$36.51
price up icon 1.56%
$31.01
price down icon 27.78%
medical_care_facilities CHE
$525.03
price down icon 1.25%
$153.39
price down icon 0.61%
medical_care_facilities EHC
$100.23
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medical_care_facilities FMS
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price up icon 1.47%
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