Wanda Sports Group Company
Company Name | Wanda Sports Group Company |
Stock Symbol | WSG |
Lead Plaintiff Motion Deadline | January 17, 2020 |
In July 2019, Wanda Sports held its IPO, issuing approximately 23.8 million American Depository Shares (“ADSs”) at $8.00 per share.
On September 9, 2019, the Company reported its second quarter 2019 financial results, reporting a 30% decrease in revenue over the prior year period “primarily attributable to decreased revenue from the Digital Production, Sports Solutions (DPSS) segment.”
Since the IPO, Wanda Sports’ shares have dropped $5.25, or over 65%, closing at $2.75 on November 22, 2019, thereby injuring investors.
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