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Centuri Holdings, Inc.

Company NameCenturi Holdings, Inc.
Stock SymbolCTRI

On June 26, 2024, Centuri disclosed that its CEO would be resigning. On this news, Centuri’s stock price fell 3.96, or 15.6%, to close to $21.33 per share on June 27, 2024, thereby injuring investors.

Then, on July 29, 2024, Centuri released its second quarter 2024 financial results, missing consensus estimates due to, among other things, “reduced offshore wind activities primarily due to the cancellation of a project in late 2023.”

On this news, Centuri’s stock price fell $4.53, or 22.4%, to close at $15.72 per share on July 29, 2024, thereby injuring investors further.

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