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Stock impact report

JBI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into Janus International Group, Inc. and Encourages Investors to Contact the Firm

Janus International Group, Inc. (JBI) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Janus International Group, Inc. (“Janus” or “the Company”) (NYSE: JBI). Investors who purchased Janus securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/JBI.Investigation DetailsOn October 29, 2024, Janus issued a press release announcing its financial results for its fiscal third quarter. Among other items, Janus disclosed revenue of $230.1 million, representing a year-over-year decline of 17.9% and missing consensus estimates by $18.11 million. Janus also updated its full-year revenue guidance to a range of $910 million to $925 million, compared to consensus estimates of $1 billion, citing headwinds from macroeconomic factors, interest rate uncertainty, and persistent project delays. On this news, Janus’s stock price fell $3.07 per share, or 29.78%, to close at Show less Read more
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