Traders Heavily Dumped These 10 Firms on Monday

4. Avantor, Inc. (NYSE:AVTR)

Avantor dropped its share prices by 3.40 percent on Monday to end at $12.49 each as investors soured on its chief executive’s resignation amid the dismal earnings performance and lower outlook for the year.

According to the company, its CEO, Michael Stubblefield, is set to step down from his position as soon as the company names his replacement. He led the company’s operations for 11 years.

Stubblefield said that Avantor, Inc. (NYSE:AVTR) updated its full-year 2025 outlook “to reflect ongoing funding and policy-related headwinds,” with organic revenues now pegged to grow or drop by 1 percent year-on-year as compared with the 1 to 3 percent growth expectations previously.

Adjusted EBITDA, meanwhile, is anticipated to increase by 17.5 percent to 18 percent, a reduction from the 18 to 19 percent earlier projected.