CIRCOR International, Inc.
|Company Name||CIRCOR International, Inc.|
On March 2, 2020, CIRCOR reported that it could not timely file its fiscal 2019 annual report because the Company needed additional time to evaluate the impact of certain material weaknesses in its internal control over financial reporting. CIRCOR also announced an “independent investigation into certain accounting and financial reporting matters at one of its domestic business units . . . to determine whether there are any matters which could have a material impact on the Company’s financial results.”
On this news, CIRCOR’s stock price fell sharply during intraday trading on March 3, 2020.
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