B. Riley Financial shares are trading lower after the company recently delayed its quarterly financial results as regulators investigate whether B. Riley properly disclosed risks associated with some of its assets.
Portfolio Pulse from Benzinga Newsdesk
B. Riley Financial shares are trading lower after the company delayed its quarterly financial results due to a regulatory investigation into its risk disclosures.
August 13, 2024 | 7:23 pm
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B. Riley Financial shares are trading lower after the company delayed its quarterly financial results due to a regulatory investigation into its risk disclosures.
The delay in quarterly financial results and the ongoing regulatory investigation create uncertainty and negative sentiment among investors, leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100