The company was down 27% in one day late last Summer after the initial announcement of accounting irregularities, then kind of wandered its way a bit higher in the months after. Still, the company's investigation into its accounting practices has continued to drag on on and on.
Announced on Friday after the close that there was an SEC investigation. http://ift.tt/2l7bKTS,
-14% and breaking through last Summer's lows.
Hain has not reported quarterly earnings since May 4, when it released its results for its fiscal third quarter, ending March 31. They are delaying filing again.
Hain was widely discussed at a potential takeover target for many large food companies a year ago.
Submitted February 13, 2017 at 09:39AM by dvdmovie1 http://ift.tt/2koGcV9
