Ozon stocks drop 12.7% on Moscow Exchange
At the close of trading on August 21, Ozon shares traded at 2,968 rubles, with trading volume reaching 2.87 billion rubles.
Consensus
- Ozon's stock price declined on the Moscow Exchange on Monday.
- The decline occurred during the opening of the main trading session.
- The stock price dropped by 12.7% as of 08:50 MSK on August 24.
- The closing price on August 21 was 2968 rubles.
- Ozon is a major Russian e-commerce platform with over 63 million customers and more than 75,000 pickup points.
- Ozon has a financial service (Ozon Bank) and travel booking (Ozon Travel) division.
- Ozon was founded in 1998 as an online bookstore.
- Ozon completed relocation from Cyprus to Kaliningrad Oblast by 2025.
Points of divergence
- Ozon's stock fell by 28% on Monday morning, according to TASS. — tg_radiosvoboda
- The drop in Ozon's stock was caused by Ukrainian drone strikes on Ozon warehouses, which have been ongoing for three consecutive days. — meduza
- Ozon's stock fell 12.71% by 08:50 MSK on August 24, with trading volume at 247.19 million rubles. — vedomosti
Coverage (4 sources)
- Ozon shares fell 28% on Moscow exchange Monday morning, reports TASS. Shares of AFK Sistema also falling... — Радио Свобода
- Ozon shares fell 28% on Moscow exchange Monday morning, reports TASS. Shares of AFK Sistema also falling... — Радио Свобода
- Ozon shares on Moscow Exchange fell more than 28% after drone strikes by Ukraine on the marketplace warehouses — Meduza
- Price of Ozon shares on Moscow Exchange fell by 12.7% — Ведомости