NEW YORK, July 20, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Five Below, Inc. (NASDAQ:FIVE) for potential violations of the federal securities laws.
If you invested in Five Below, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/five-below-inc.
Why Did Five Below's Stock Drop?
Five Below operates specialty discount stores, and prices most of its products at $5 or less. The company consistently discussed how it continued to execute against its five key strategic pillars that helped drive long-term growth.
After the market closed on July 16, 2024, Five Below announced that CEO Joel Anderson resigned as President and CEO, and as a member of the Board of Directors, effective ...
FIVE) Shareholders it is Investigating the Company for Securities Fraud and Notifies Those with Losses to Contact Us>Full story available on Benzinga.com