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Deadline Alert: Avantor, Inc. (AVTR) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
AvantorAvantor(US:AVTR) Businesswire·2025-11-10 19:36

Core Viewpoint - Avantor, Inc. is facing a securities fraud class action lawsuit due to significant stock price declines following disappointing financial results and management changes, with a deadline for investors to file a lead plaintiff motion by December 29, 2025 [1][15]. Financial Performance - On April 25, 2025, Avantor reported first quarter results that missed consensus estimates and reduced guidance for the remainder of 2025, citing increased competitive intensity [2]. - Following this announcement, Avantor's stock price dropped by $2.57, or 16.6%, closing at $12.93 per share [3]. - On August 1, 2025, the company again missed estimates in its second quarter results, revealing a year-over-year decrease in net sales and further reducing its 2025 guidance [3][4]. - This led to a further decline in stock price by $2.08, or 15.5%, closing at $11.36 per share [4]. - On October 29, 2025, Avantor disclosed disappointing third quarter results, including a -5% organic revenue growth and a net loss of $712 million, primarily due to a non-cash goodwill impairment charge of $785 million [5]. - The stock price fell by $3.50, or 23.2%, closing at $11.58 per share following this announcement [6]. Lawsuit Details - The class action lawsuit alleges that Avantor made materially false and misleading statements and failed to disclose adverse facts about its business and competitive positioning [7]. - Specific allegations include that Avantor's competitive position was weaker than represented, and that the company was negatively impacted by increased competition, which contradicted the positive statements made by the defendants [7].