NEW YORK, May 14, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cencora, Inc. ("Cencora" or the "Company") (NYSE: COR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Cencora and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On May 6, 2026, Cencora released its second quarter 2026 financial results, including revenue of $78.3 billion, missing consensus estimates by $2.68 billion, and reducing full year 2026 revenue growth guidance to 4% to 6% (from 7% to 9%). In the accompanying earnings call, management revealed, among other things, that "manufactured list price reductions . . . represented a $2 billion revenue headwind in the quarter."
On this news, Cencora's stock price fell $53.16 per share, or 17.4%, to close at $252.74 per share on May 6, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
