Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Tennant stock plunges 23% amid investigation over ERP system rollout issues.

Market News
11 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Tennant Company faces a securities fraud investigation after its stock dropped 23.4% following severe operational disruptions caused by the rollout of a new ERP system in North America. The company lost about $30 million in sales and expects to spend over $20 million to fix the problems, far exceeding initial estimates. The investigation centers on whether Tennant misled investors by claiming the ERP implementation was on track and successful. Investors affected are encouraged to contact BFA Law for potential legal action.

More News

Farm Progress Show 2026 in Iowa unveils new Agronomy Zone, premium tickets, and Drone Zone for farmers

Farm Progress Show 2026 in Iowa unveils new Agronomy Zone, premium tickets, and Drone Zone for farmers

The Farm Progress Show 2026, held in Boone, Iowa from Sept. 1-3, introduces three major innovations: an expanded Agronomy Zone with research-grade crop plots and expert tours, new $60 premium ticket packages including admission, a hat, and lunch vouc...

Others
Bullish
58 minutes ago
Ormat launches Ormega100, the largest binary geothermal unit, to boost Enhanced Geothermal System deployment.

Ormat launches Ormega100, the largest binary geothermal unit, to boost Enhanced Geothermal System deployment.

Ormat Technologies introduced the Ormega100, the industry's largest binary power generation unit delivering 100 MW output, designed to accelerate commercialization and scaling of Enhanced Geothermal Systems (EGS). With 60 years of expertise and exten...

Market News
Bullish
1 hour ago
ADARx to present Phase 1/2 data on Onvuzosiran for hereditary angioedema at 2026 EAACI Congress

ADARx to present Phase 1/2 data on Onvuzosiran for hereditary angioedema at 2026 EAACI Congress

ADARx Pharmaceuticals announced it will present Phase 1/2 clinical data for Onvuzosiran, an RNA therapy for hereditary angioedema (HAE), at the 2026 EAACI Congress in Istanbul. Onvuzosiran targets plasma prekallikrein to prevent swelling attacks by r...

Market News
Bullish
1 hour ago
FDH Aero secures majority investment from Bain Capital to boost global aerospace supply chain growth

FDH Aero secures majority investment from Bain Capital to boost global aerospace supply chain growth

FDH Aero, a leading aerospace and defense supply chain provider, has agreed to a majority investment from Bain Capital Private Equity, with Audax Private Equity remaining a significant investor. This partnership aims to accelerate FDH's growth strate...

Company Fundamentals
Bullish
1 hour ago
Cyabra inks $500K+ deal to fight online hate with AI-powered disinformation detection for global research institute

Cyabra inks $500K+ deal to fight online hate with AI-powered disinformation detection for global research institute

Cyabra, an AI-driven disinformation intelligence company, has secured a contract worth over $500,000 to provide its technology to a leading international research institute focused on tracking global hate speech. The platform will help identify coord...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App