1. Home
  2. Downgrades
  3. Why Industrial Technology Company Helios Shares Are Tumbling Today

Why Industrial Technology Company Helios Shares Are Tumbling Today

0
0

Helios Technologies, Inc. (NYSE:HLIO) shares are diving today after the company announced it placed President and CEO Josef Matosevic on paid leave due to allegations of a potential violation of the Code of Business Conduct and Ethics.

Helios will provide updates as the Board determines the appropriate course of action requiring further disclosure.

The company stated that the matter under review does not pertain to, nor affect, the strategy or financial reporting.

Helios disclosed that its Board of Directors …

Full story available on Benzinga.com

Visited 1 times, 1 visit(s) today