B. Riley-Backed Franchise Group Files for Bankruptcy Protection [Yahoo! Finance Canada]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg The company, also known as FRG, filed under Chapter 11 in Delaware, listing assets and liabilities each between $1 billion and $10 billion. Bloomberg News, citing people with knowledge of the matter, reported late Saturday that FRG was preparing to hand control to lenders including HPS Investment Partners after months of negotiations with the group over a restructuring. FRG's troubles have been at the center of turmoil surrounding Los Angeles-based B. Riley, the investment and brokerage firm that helped arrange a $2.8 billion buyout of the company last year. The buyout was led by founder and then-Chief Executive Officer Brian Kahn. Just months after FRG's debt-fueled buyout by Kahn, the founder stepped down from his CEO position amid a criminal investigation into his role in a securities fraud case tied to the collapse of defunct hedge fund Prophecy Asset Management. Trouble at FRG accelerated as its brands struggled to perform as projected, compoun
Show less
Read more
Impact Snapshot
Event Time:
RILY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RILY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RILY alerts
High impacting B. Riley Financial, Inc. news events
Weekly update
A roundup of the hottest topics
RILY
News
- Laconic Announces Joseph Niciforo as its New Chairman of the Board [Yahoo! Finance]Yahoo! Finance
- B. Riley Financial, Inc. (NASDAQ: RILY) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- The Great American Group Launches as New Independent Business Following Formation of Partnership between Oaktree and B. Riley [Yahoo! Finance]Yahoo! Finance
- AMC is poised to ride the box office rebound, as long as its debt doesn't get in the way [CNBC]CNBC
- The Great American Group Launches as New Independent Business Following Formation of Partnership between Oaktree and B. RileyPR Newswire
RILY
Sec Filings
- 11/14/24 - Form 13F-HR
- 11/14/24 - Form SCHEDULE
- 11/13/24 - Form 8-K
- RILY's page on the SEC website