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MGPI MGP Ingredients Inc

79.18
1.28 (1.64%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
MGP Ingredients Inc NASDAQ:MGPI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.28 1.64% 79.18 77.44 80.77 79.695 76.75 77.06 220,064 01:00:00

(MGPI) Alert: Johnson Fistel Launches Investigation into MGP Ingredients; Investors Suffering Losses Encouraged to Contact Fi...

17/01/2020 4:53pm

PR Newswire (US)


MGP Ingredients (NASDAQ:MGPI)
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SAN DIEGO, Jan. 17, 2020 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against MGP Ingredients, Inc. ("MGP or the "Company") (NASDAQ: MGPI) for violations of federal securities laws.

On January 17, 2020, MGP announced that it expects to miss previously forecasted sales and earnings guidance. Just on last quarter's conference call, the Company's CEO stated when referring to full-year results, "so we feel very good about that outlook. And that's why we're so confident in our ability to reconfirm our guidance."

Following this news, MGP stock was trading down over 27% in early morning trading.

If you are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number. 

Additionally, you can [Click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising.  Past results do not guarantee future outcomes.

Contact: 
Johnson Fistel, LLP 
Jim Baker, 619-814-4471 
jimb@johnsonfistel.com

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Cision View original content:http://www.prnewswire.com/news-releases/mgpi-alert-johnson-fistel-launches-investigation-into-mgp-ingredients-investors-suffering-losses-encouraged-to-contact-firm-300988987.html

SOURCE Johnson Fistel, LLP

Copyright 2020 PR Newswire

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