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Stock impact report

Booz Allen (BAH) Gets Beaten, Falls 8% as Treasury Dept Terminates Entire Contract [Yahoo! Finance]

Booz Allen Hamilton Holding Corporation (BAH) 
Last booz allen hamilton holding corporation earnings: 1/31 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Booz Allen Hamilton snapped a three-day winning streak on Monday, losing 8.12 percent to close at $93.93 apiece following the Treasury Department's termination of all contracts with the company in relation to a tax information leak of the wealthiest people in the US. On Monday, Treasury Secretary Scott Bessent announced that he had cancelled all contracts after Charles E. Littlejohn, a former Booz Allen Hamilton Holding Corp. (NYSE:BAH) employee, linked tax information of some of the wealthiest people, including President Donald Trump, Elon Musk, and Jeff Bezos, among others. “President Trump has entrusted his cabinet to root out waste, fraud, and abuse, and canceling these contracts is an essential step to increasing Americans' trust in government,” Bessent said. Angelo Giampiccolo/Shutterstock.com “Booz Allen failed to implement adequate safeguards to protect sensitive data, including the confidential taxpayer information it had access to through its contracts with the Inte Show less Read more
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