Law Offices of Howard G. Smith announces an investigation on behalf of Huntington Ingalls Industries, Inc. (“Huntington Ingalls” or the “Company”) (NYSE: HII) investors concerning the Company’s possible violations of federal securities laws.
On October 31, 2024, Huntington Ingalls released its third quarter 2024 financial results, missing consensus estimates and revising downward its full year guidance, attributing results to “reduced experience levels within [the Company’s] teams, both in production touch labor and supervision.”
On this news, Huntington Ingalls’ stock price fell $65.53, or 25.4%, to close at $184.96 per share on October 31, 2024, thereby injuring investors.
If you purchased Huntington Ingalls securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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