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Stock impact report

Fidelis Insurance Holdings Limited (FIHL) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Fidelis Insurance Holdings Limited Common Shares (FIHL) 
Company Research Source: Accesswire
NEW YORK, NY / ACCESSWIRE / November 29, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fidelis Insurance Holdings Limited ("Fidelis" or "the Company") (NYSE:FIHL). Investors who purchased Fidelis securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/fihl. The investigation concerns whether Fidelis has violated federal securities laws.Investigation Details:On or around June 29, 2023, Fidelis commenced its initial public offering ("IPO"), selling 15 million shares of common stock priced at $14.00 per share. On November 20, 2023, Fidelis announced its financial results for the third quarter of 2023. Among other items, Fidelis disclosed GAAP earnings per share of $0.74, missing consensus estimates by $0.13, and revenue of $537.5 million, missing consensus estimates by $49.81 million. On this news, Fidelis's stock price fell $1.38 per share, or 9.59%, to close Show less Read more
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