Avantor (AVTR) · Invest & Retire Community

Avantor (AVTR)

Avantor is a supplier of chemicals and testing products to laboratories, hospitals, healthcare researchers in the U.S. and globally. The company lost more than 50%5 of its value in the last year alone.

However, they are improving and there seems to be a light at the end of the tunnel, so I started building a position, buying shares and also selling calls $12 and $13 strikes.

Today they announced appointment of a new CEO, and apparently market does not like their choice: the stock is down more than 6%.

I plan to hold over the ER that is next week and will be held by the outcoming CEO. I'll make my decision to stay in or get out after the ER.

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