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O-I Glass shares drop 15% after cutting 2026 profit forecast, prompting investor lawsuit investigation

Market News
05 Aug 2026
PRNewsWire
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Bearish
O-I Glass shares drop 15% after cutting 2026 profit forecast, prompting investor lawsuit investigation

O-I Glass lowered its full-year adjusted earnings guidance following disappointing Q2 2026 results, with European operating profits plunging from $90 million to $6 million year-over-year. This led to a 15% drop in the company's share price on July 29, 2026. Schall, Brown & Schwartz LLP is investigating potential securities law violations, including whether the company issued misleading statements or withheld important information from investors. Shareholders who suffered losses are encouraged to contact the firm to discuss their rights.

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Shopify acquires Tailwind Labs to boost custom storefront and commerce tools for merchants

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