Ozon Shares Plummet Following Ukrainian Drone Attacks

Ozon's stock took a severe hit on the Moscow Exchange, plummeting 28.5% to 2,129 rubles as of 10:30 a.m. local time. The decline follows ongoing drone strikes by Ukrainian forces on Ozon warehouses across various Russian regions, marking the third consecutive day of such attacks.

Initially, shares dropped 12.7% to 2,600 rubles at the start of trading, contributing to a broader market downturn with the benchmark index falling 2% to 2,092 points.

Unlike Ozon, another major player, Wildberries, remains unaffected in the stock market despite also facing similar attacks.

Source: meduza.io