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NYSE:CENC 5 February 2026

Cardinal Health stock jumps 9% after earnings beat — what CAH investors watch next

Cardinal Health stock jumps 9% after earnings beat — what CAH investors watch next

Cardinal Health shares jumped 9% to $226.05 Thursday after the company raised its fiscal 2026 adjusted earnings forecast to $10.15-$10.35 per share. Quarterly revenue rose 19% and adjusted profit beat estimates, driven by strong specialty drug demand. CEO Jason Hollar cited double-digit profit growth across all segments. Specialty medicines, including GLP-1 drugs, contributed significantly to revenue gains.

Stock Market Today

  • SoFi Technologies Shares Slip 1% After Muddy Waters Short Report and Insider Buying
    March 18, 2026, 5:56 PM EDT. SoFi Technologies (NASDAQ: SOFI) fell 1.09% to $17.18 on Wednesday, with volume 36% above its three-month average, as investors digested a rebuttal to short-seller Muddy Waters' report and CEO Anthony Noto's $500,000 insider share purchase. Muddy Waters accused SoFi of misrepresenting financials, which the company called "factually inaccurate," threatening legal action. The broader fintech sector also weakened, with LendingClub down 5.7% and Upstart falling 7.19%. The S&P 500 dropped 1.37% and the Nasdaq Composite declined 1.46%. SoFi's IPO was in 2021, with a 41% gain since. Despite insider buying, analysts remain cautious. Separately, Motley Fool's Stock Advisor did not include SoFi in its current top 10 stock picks, emphasizing other potential high-return investments.
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