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AmerisourceBergen Shares Slide on Guidance Cut

Drug distributor AmerisourceBergen announced Thursday it was cutting its earnings guidance for the current fiscal...

Drug wholesaler AmerisourceBergen Corp. ABC -1.39 % swung to a profit for the March quarter but cut its earnings guidance for the current fiscal year amid continued generic-drug pricing pressures in the sector.

Shares fell 7.5% to $78 in recent premarket trading as the company’s second-quarter revenue also missed expectations.

For the fiscal year ending in September, AmerisourceBergen...