Alcon Shares Plummet After Tariff Impact Cuts Guidance and Hits Earnings

Alcon's shares fell 10% after the Swiss eye-care giant trimmed its full-year guidance due to US trade tariffs, expecting a $100 million hit and a core operating margin of 19.5%-20.5%. The company reported a rise in sales for Q2 due to robust demand from new product launches, with sales reaching $2.58 billion, up from $2.48 billion YoY.