TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

JHX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that James Hardie Industries plc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
JHX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that James Hardie Industries plc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

A class action lawsuit has been filed against James Hardie Industries for allegedly making false statements about sales demand and inventory levels, resulting in a significant stock price drop of over 34%.

Insights
BABA   positive

Developing domestic AI processors, potential for significant growth in China's AI market


JHX   negative

The lawsuit alleges the company misrepresented its financial performance, made misleading statements about segment demand, and experienced a substantial 34% stock price decline after revealing weakening sales