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Barchart
Barchart
Will Ashworth

Is Owens & Minor’s New Focus Enough to Lift Its Shares From the Bottom 100?

Healthcare logistics provider Owens & Minor (OMI) entered the Bottom 100 Stocks to Buy Monday in the 98th spot. 

The penny stock is down 78% over the past 12 months due to significant losses at one of its operating segments. The company announced on Oct. 7 that it would sell its Products & Healthcare Services segment to private equity firm, Platinum Equity. 

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