B. Riley Financial (RILY) Releases Preliminary Q2 Results, Suspends Dividend
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B. Riley Financial (RILY) Faces Widening US Probe Over Its Risk Disclosures - Bloomberg
August 12, 2024 8:27 AM EDTB. Riley Financial (NASDAQ: RILY) Faces Widening US Probe Over Its Risk Disclosures - Bloomberg
SEC inquiry looks at whether investors got accurate pictureAgency probes interactions of CEO and Franchise Group founder... MoreB. Riley stock plunges after suspending dividend, reporting Q2 loss
August 12, 2024 7:52 AM EDTShares of B. Riley Financial (NASDAQ: RILY) plummeted, falling around 50% at the open on Monday after the company released preliminary second-quarter results, revealing it has suspended its dividend.
The financial services firm expects to report a net loss for the quarter ended June 30, in the range of $435 to $475 million, or a $14 to $15 loss per... More
