JEF - Jefferies Financial CEO's Instagram account hacked; shares dip
Jefferies Financial (NYSE:JEF) said Friday that its CEO Rich Handler's Instagram account has been hacked. Shares of JEF are dipping 2.2% in afternoon trading amid a broader risk-off day. Any stories related to discounted sales of shares, cryptocurrency donations and traditional donations to Ukraine that appear on the hacked Instagram account are purely false, Jefferies said. The company is working with Meta (FB), the owner of Instagram, to return control of the account to Handler and has asked authorities to investigate the matter. Separately, Jefferies (JEF) previously donated $14.1M to charities supporting Ukraine in the wake of Russia's invasion. Previously, (March 28) Jefferies Q1 results topped the Wall Street expectations.
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Jefferies Financial CEO's Instagram account hacked; shares dip