Market News

Here’s Why Sotera Health Plunged Almost 30%

Shares of Sotera Health (NASDAQ:SHC) cratered on Monday by almost 30% after a jury awarded $363 million in a lawsuit. A woman had sued the company’s Sterigenics unit claiming that she had developed breast cancer as a result of its plant’s emissions.

However, it’s possible that the final award might be smaller in the range of $150 million to $200 million, according to Barclays.

Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos