Quanta Services, Inc.
|Company Name||Quanta Services, Inc.|
On August 5, 2015, the Company disclosed that it encountered “engineering issues” at its Alaskan power plant project, and that, as a result, the Company would record the project as a loss. The Company also disclosed that it made some management changes at the project.
On this news, the Company’s share price fell 15.4% on August 5, 2015, thereby injuring investors.
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