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Stock impact report

CBIZ (CBZ) Stock Trades Down, Here Is Why [Yahoo! Finance]

Petros Pharmaceuticals, Inc. (PTPI) 
Company Research Source: Yahoo! Finance
Shares of financial services provider CBIZ (NYSE:CBZ) fell 3.1% in the morning session after analysts at William Blair lowered their earnings estimates for the company. This revision by the investment firm suggests a more cautious outlook on the company's future profitability, prompting investors to reassess the stock's valuation. Adding to the negative sentiment, it was also recently disclosed that Petros Pharmaceuticals dismissed CBIZ CPAs P.C. as its independent auditor. While the filing indicated there were no disagreements on accounting principles, the change may have contributed to the cautious tone surrounding the company. Show less Read more
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