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Jupiter Asset Management Ltd. Purchases New Stake in McKesson Corporation $MCK
Jupiter Asset Management Ltd. has acquired a new stake of 96,921 shares, valued at approximately $74.9 million, in McKesson Corporation. This move is part of a broader trend of institutional investment, with several other major firms also increasing their holdings in the healthcare services and distribution company. McKesson recently exceeded quarterly earnings expectations, posted strong revenue growth, and declared a quarterly dividend, indicating solid financial performance.