Owens & Minor shares rise 2.89% in premarket after terminating Rotech Healthcare acquisition and focusing on home healthcare growth.

Owens & Minor, Inc. surged 2.89% in premarket trading, following the termination of its acquisition deal with Rotech Healthcare, with a termination fee of $80 million paid. The company will focus on achieving sustained growth in the robust home healthcare market. The company reported adjusted net income of $18 million for the first quarter of 2025, a 20% year-over-year increase.