Cardinal Health Inc. Surges to 288th in Trading Volume with $283 Million in Shares Traded Amid Legal Settlement

On May 23, 2025, Cardinal Health Inc. (CAH) saw a significant increase in trading volume, with a total of $283 million in shares traded, marking a 64.07% rise from the previous day. This surge placed Cardinal Health at the 288th position in terms of trading volume for the day. The stock price of Cardinal Health also experienced a modest increase, rising by 0.17%.

Cardinal Health Inc. has recently been involved in a significant legal settlement. The company has agreed to pay $109 million to resolve allegations related to its role in the opioid crisis. This settlement is part of a broader effort by the company to address the legal and financial challenges posed by the opioid epidemic. The resolution of this case is expected to provide some clarity for investors and stakeholders, although the financial impact of the settlement will need to be carefully managed by the company.