Diplomat Pharmacy’s stock plunges to record low after ‘going concern’ warning [MarketWatch]
DIPLOMAT PHARMACY INC (DPLO)
Last diplomat pharmacy inc earnings: 11/12 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.diplomat.is/investors/default.aspx
Company Research
Source: MarketWatch
Diplomat Pharmacy’s stock plunges to record low after ‘going concern’ warning Shares of Diplomat Pharmacy Inc. took a deep dive to a record closing low Tuesday, after the specialty pharmacy company disclosed a “going concern” warning as it reported a much wider-than-expected loss for a third straight quarter. The stock DPLO, -50.00% tumbled 50% on heavy volume to close at a record low of $3.10, and to lead all the decliners listed on the New York Stock Exchange. Trading volume swelled to over 13.4 million shares, compared with the full-day average of about 627,000 shares. The company said in its earnings release before the market opened that it may not be able to meet the net leverage and interest coverage ratio covenants in its credit agreement for the period ending Dec. 31, 2019, which prompts its lenders to terminate funding of its credit line, accelerate debt repayments or foreclose on assets, if its “mitigating plans” are not executed in time. Those plans include the potential
Show less
Read more
Impact Snapshot
Event Time:
DPLO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DPLO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DPLO alerts
High impacting DIPLOMAT PHARMACY INC news events
Weekly update
A roundup of the hottest topics