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Stock impact report

Securities Fraud Investigation Into Parsons Corporation (PSN) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Parsons Corporation (“Parsons” or the “Company”) (NYSE: PSN) investors concerning the Company’s possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON PARSONS CORPORATION (PSN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What Happened?On February 19, 2025, Parsons released its fourth quarter 2024 financial results, falling short of its prior guidance in revenue and EBITDA. The Company explained that its “adjusted EBITDA growth for the quarter was negatively impacted by $29 million of adjustments on two programs.”On this news, Parsons’ stock price fell $8.42, or 11.5%, to close at $65.08 per share on February 19, 2025, thereby injuring investors.Contact Us To Participate or Learn More:If you wish to learn more about this action, or if you h Show less Read more
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