Ozon stock crashes 30% after drone attacks on warehouses
Ozon's stock plummeted nearly 30% on the Moscow Exchange after a series of drone attacks on its logistics facilities across multiple Russian regions, triggering a broader market downturn and causing significant losses in related companies' shares.
Consensus
- Ozon's stock dropped sharply on the Moscow Exchange on August 24.
- The decline followed a series of drone attacks on Ozon's logistics facilities.
- Multiple Ozon warehouses in southern Russia were targeted, including in Krasnodar, Makhachkala, Adygea, and Nevinnomyssk.
- The attacks led to a fire in Krasnodar and injuries in Makhachkala.
- Ozon warehouses in Adygea and Nevinnomyssk were evacuated due to threat of attack.
- The Moscow Exchange introduced a discrete auction mechanism to manage volatility.
- Shares of AFK 'Sistema', a major shareholder of Ozon, also declined significantly.
- The broader market, including the MOEX index, experienced a downturn.
Points of divergence
- Ozon's stock fell to 2112.5 rubles, the lowest level since August 2023, and lost 185 billion rubles in market capitalization. — tg_moscowtimes_ru
- Ozon's stock fell 29.1% on morning trading, with a drop to 2210 rubles by 11:09 MSK. — tg_varlamov_news
- Ozon's stock fell 28.16% by 10:53 MSK compared to Friday's close. — tg_tvrain
- Ozon's stock fell only 10% on Monday, reaching the daily limit, and the drop began on Saturday. — kommerant
- Three major Ozon warehouses were attacked in Adygea, Stavropol Krai, and another unspecified region. — tg_astrapress
- Ozon was first hit by Ukrainian drones on Saturday, with attacks on warehouses in Samara, Orenburg, Adygea, Dagestan, and Stavropol Krai. — tg_echoonline_news
- The first attack occurred on August 21, with a mass drone strike on logistics centers in Samara and Orenburg. — kommerant
- Ozon reported six warehouses affected over three days, with fires and injuries in Makhachkala. — tg_moscowtimes_ru
- The fire in Krasnodar was large-scale, and several people were injured in Makhachkala. — tvrain
- Over 300 employees were evacuated from Samara and Orenburg warehouses after the attacks. — kommerant
- AFK 'Sistema' shares fell 12.4% to 7.56 rubles, their lowest since 2014. — tg_moscowtimes_ru
- AFK 'Sistema' shares dropped 17%. — tg_varlamov_news
Coverage (8 sources)
- Ozon shares plummeted nearly 30% after Ukrainian strikes on warehouses — The Moscow Times
- Ozon shares fell 12% amid attacks on marketplace warehouses Also shares of 'AFK Sistema', which is a major... — ASTRA
- Ozon shares fell 29.1% in morning trading after strikes on marketplace warehouses, reports Forbes citing data... — Varlamov News
- Ozon shares fell nearly 30% amid attacks of Ukrainian drones on marketplace warehouses — Дождь (Telegram)
- Ozon shares fell almost 30% amid attacks by Ukrainian drones on the marketplace's warehouses — Дождь
- After attacks on Ozon warehouses, company shares fell by more than a quarter — ЭХО / Новости
- Ozon shares fell 10% after drone attacks on marketplace warehouses — Коммерсантъ
- Ozon shares fell 12% amid attacks on marketplace warehouses — ASTRA
Key entities
- Ozon
- Moscow Exchange
- AFK "Systems"
- AFK Sistema
- Ukrainian Armed Forces
- Moscow Exchange
- Forbes
- Adygea
- RBC
- Dagestan
- Stavropol Krai
- MOEX: Ozon
- Rubio Index Moscow Exchange
- Ozon
- Stavropol