Daktronics stock has recovered by two-thirds since the “going concern” announcement; Class action law firms are circling (Billboard Insider)
Billboard Insider’s take: Legal distractions don’t help, but Daktronics will thrive if it focuses on diversifying funding sources and turning orders to cash. When Daktronics made their December notification of their delayed earnings announcement and potential going concern status, their stock took an immediate drop from $3.32 to $1.75 a share. […]
Wed, Dec 28, 2022 at 4:58 PM