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DNOW shares drop 19% after revealing persistent ERP issues post-MRC acquisition, prompting investor investigation.

Market News
14 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

DNOW Inc. shares fell 19% after the company disclosed ongoing ERP system problems with its recent acquisition, MRC Global. Despite earlier assurances in November 2025 that MRC's ERP implementation was a one-time issue, DNOW revealed in February 2026 that these challenges persisted, causing revenue declines and operational inefficiencies. The company delayed its 2026 guidance due to these issues, leading to a $580 million market value loss. Investor rights firm Hagens Berman has launched an investigation into whether DNOW misled investors about the ERP problems before the acquisition closed.

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