Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Conn's, Inc. (CONN) on Behalf of Investors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 25 2024
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Source: businesswire
Investigation Announcement: Glancy Prongay & Murray LLP has initiated an investigation into Conn's, Inc. for potential violations of federal securities laws following significant stock price drops related to the company's financial struggles and bankruptcy filing.
Stock Price Impact: Conn's stock fell dramatically after news of hiring a financial adviser and subsequently filing for bankruptcy, resulting in losses for investors as the stock price dropped from $1.21 to $0.35 per share.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
