B. Riley Financial’s stock drops 30% after it suspends dividend and projects a loss

Date:

August 12, 2024

Most of B. Riley’s losses are related to the performance of its investment in Franchise Group Inc. — whose retail brands include Vitamin Shoppe, Pet Supplies Plus and furniture seller American Freight — and its Vintage Capital loan receivable.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

B. Riley Financial’s stock drops 30% after it suspends dividend and projects a loss

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