Owens & Minor Soars 12.46% on Institutional Buying

Generated by AI AgentAinvest Movers Radar
Monday, Apr 14, 2025 5:13 am ET1min read
OMI--

On April 14, 2025, Owens & Minor's stock surged by 12.46% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Norges Bank, a prominent institutional investor, has recently acquired a new stake in Owens & MinorOMI--, Inc. This move indicates a growing interest in the company's prospects and could be a contributing factor to the recent stock price surge.

Additionally, Coliseum Capital Management, L has also shown confidence in Owens & Minor by purchasing shares. This insider buying activity suggests that key stakeholders believe in the company's future performance and potential for growth.

These developments highlight the positive sentiment surrounding Owens & Minor and may continue to drive investor interest in the coming days.

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