ProPetro Holding Corp.
Company Name | ProPetro Holding Corp. |
Stock Symbol | PUMP |
On March 1, 2024, ProPetro disclosed that it would be unable to file its 2023 annual report on time because the Company is “still evaluating a potential deficiency related to management’s assessment of internal controls over financial reporting.”
On this news, ProPetro’s stock price fell $0.43, or 5.7%, to close at $7.09 per share on March 4, 2024, thereby injuring investors.
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