Premier falls on Jehoshaphat Research's short position

Premier

08/01/2025 15:50

** Shares of healthcare company Premier  PINC.O  fall 1.7%
to $20.73  
    ** Jehoshaphat Research said it has a short position in
PINC, which is a major purchaser of medical products for U.S.
hospitals
    ** PINC's business has "meaningful customer concentration in
some of these huge hospital systems", which have consolidated
and gained their own purchasing power over the years -
Jehoshaphat
        ** PINC did not immediately respond to a Reuters request
for comment
    ** Up to last close, PINC shares down ~8% over the past 12
months 

 (Reporting by Mariam Sunny in Bengaluru)
 ((Mariam.ESunny@thomsonreuters.com;))