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Stock impact report

ROSEN, A HIGHLY RANKED LAW FIRM, Announces Investigation of Securities Claims Against Equity Bancshares, Inc. – EQBK

Equity Bancshares, Inc. Class A (EQBK) 
Last equity bancshares, inc. class a earnings: 4/29 07:21 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.equitybank.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Equity Bancshares, Inc. (NASDAQ:EQBK) resulting from allegations that Equity Bancshares may have issued materially misleading business information to the investing public.On January 24, 2019, Equity Bancshares disclosed that, during the fourth quarter of 2018, one credit relationship was downgraded to Watch and Substandard for $19 million and $9 million, respectively. On this news, the Company’s stock price fell $2.14 per share, or more than 6%, to close at $32.15 per share on January 24, 2019.Then, on April 22, 2019, Equity Bancshares disclosed a $14.5 million provision for loss against the credit relationship, resulting in a $4.1 million net loss for the first quarter of 2019. On this news, the Company’s stock price fell $4.76 per share, or more than 16%, to close at $24.71 per share on April 23, 2019.Rosen Law Firm Show less Read more
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