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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Wed, 20.11.2024       Huntington Ingalls
US4464131063

RADNOR, Pa., Nov. 19, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Huntington Ingalls Industries, Inc. (NYSE: HII) ("Huntington Ingalls").

On October 31, 2024, Huntington Ingalls reported disappointing third-quarter earnings that fell considerably short of analyst estimates, including a 34.2% miss on EPS, and cut its full-year guidance. Additionally, Huntington Ingalls reported that the company's gross and operating margins both fell from the same quarter in the previous year. Following this news, Huntington Ingalls stock dropped over 26%, from a close of $250.49 per share on October 30, 2024, to close at $184.96 per share on October 31, 2024.

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