Avient Corp shares drop over 8% following sudden leadership change and maintained financial targets
AVNT Avient Corp
$37.79 -7.78%
View chart & analysis → - 1Avient Corp shares fell by more than 8% on Friday morning.
- 2CEO Ashish K. Kandpur stepped down and Mike Frank immediately succeeded him to the position.
- 3Avient reaffirmed its full fiscal year 2026 annual adjusted EPS guidance range of $3.10 to $3.25.
So what's the key point?
Avient Corp's stock price fell by more than 8% due to a sudden change in CEO. Investors are watching the situation as the company's profit targets remain unchanged.
Source Investing.com +1 · View original ↗
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