Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Block & Leviton investigates Primoris for securities violations after stock drops 45% on poor earnings and guidance cuts.

Market News
19 Jun 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Block & Leviton is investigating Primoris Services Corporation for possible securities law violations following a sharp 45% stock drop on May 6, 2026. The decline came after Primoris reported Q1 2026 earnings below expectations and lowered its full-year EBITDA guidance due to reduced renewable energy activity, project delays, and higher costs. This contradicts earlier company statements about improving renewables margins. Investors who lost money may be eligible to recover losses through legal action, and whistleblowers with non-public information are encouraged to come forward.

More News

Vanguard announces June 2026 cash distributions for multiple Canadian-listed ETFs.

Vanguard announces June 2026 cash distributions for multiple Canadian-listed ETFs.

Vanguard Investments Canada Inc. announced the final cash distributions for June 2026 for several Vanguard ETFs listed on the Toronto Stock Exchange. Unitholders of record on June 26, 2026, will receive payments on July 6, 2026, with distribution amo...

Company Fundamentals
Neutral
1 hour ago
Teamshares completes merger with Live Oak Acquisition Corp. V, raising $126.5M in new capital.

Teamshares completes merger with Live Oak Acquisition Corp. V, raising $126.5M in new capital.

Teamshares Inc. finalized its business combination with Live Oak Acquisition Corp. V after shareholder approval on June 16, 2026. The deal included a $126.5 million capital raise through a PIPE investment from institutional investors and Teamshares m...

Company Fundamentals
Bullish
3 hours ago
Two student entrepreneurs from NY Metro advance to NFTE national competition in NYC this fall.

Two student entrepreneurs from NY Metro advance to NFTE national competition in NYC this fall.

Two student entrepreneurs, Brandon Garcia and Abiha Haider, won the NFTE New York Metro Youth Entrepreneurship Showcase and will advance to the U.S. National Youth Entrepreneurship Showcase in New York City this fall. Brandon's business, ProspectPath...

Others
Neutral
3 hours ago
Tourism surges at Hengdian World Studios as Pursuit of Jade tops global C-drama charts.

Tourism surges at Hengdian World Studios as Pursuit of Jade tops global C-drama charts.

Hengdian World Studios saw a major spike in visitors after the Chinese drama Pursuit of Jade, filmed mostly at the studio, topped international streaming charts and search volumes in 15 countries. During the May holiday, over 80,000 tourists visited ...

Market News
Bullish
4 hours ago
KiN Hotel Thi Sach Edition wins Tripadvisor Travelers' Choice Award 2026 as a top-rated hotel in Ho Chi Minh City

KiN Hotel Thi Sach Edition wins Tripadvisor Travelers' Choice Award 2026 as a top-rated hotel in Ho Chi Minh City

KiN Hotel Thi Sach Edition has been honored with the Tripadvisor Travelers' Choice Award for 2026, placing it among the top 10% of hotels worldwide based on authentic guest reviews. This recognition highlights the hotel's commitment to providing an a...

Others
Bullish
4 hours ago
banner-footerbanner-footer

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