Primoris Services (PRIM) Shares Crater 40% Intraday Amid Additional Renewables Revenue Shock, COO Departure – HBSS

Primoris Services (PRIM) stock plummeted 40% intraday on June 23, 2026, following disclosure of additional cost overruns and challenges in its renewables business, which is expected to see a 30% revenue decline in 2026. The announcement came after a previous 50% stock drop in May when the company revealed significant Energy segment declines. The COO's abrupt departure and cumulative $7.8 billion market cap loss have prompted a securities fraud investigation by Hagens Berman.

07/09/2026, 1:55 PM • GlobeNewswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Primoris Services Corporation - PRIM

Pomerantz LLP is investigating potential securities fraud claims against Primoris Services Corporation following significant stock price declines. The company slashed its full-year adjusted EBITDA guidance by approximately 17% in May 2026 due to lower renewable energy activity and project delays. In June, Primoris announced its COO's departure and disclosed additional cost overruns in its Renewables business, reducing expected 2026 revenue from $3.0 billion to $2.1 billion, causing a further 21.59% stock price drop.

07/07/2026, 5:56 PM • GlobeNewswire

SHAREHOLDER ALERT: Hub Group, Inc. Sued for Securities Law Violations; Investors Should Contact Block & Leviton To Learn How They Might Recover Their Losses

Hub Group, Inc. faces a securities fraud lawsuit after restating financial statements due to approximately $77 million in understatements of purchased transportation costs and accounts payable. The company's stock fell 18% in February 2026 and an additional 13% in May 2026 following disclosure of material misstatements in its 2023, 2024, and 2025 financial reports. Investors who purchased shares between April 28, 2023, and May 11, 2026, may be eligible to recover losses.

06/29/2026, 8:41 PM • GlobeNewswire

Levi & Korsinsky Announces Investigation of Securities Claims Against Primoris Services Corporation (PRIM)

Primoris Services Corporation (PRIM) stock plunged 21.6% on June 22, 2026, after the company slashed its FY 2026 net-income guidance by approximately 70%, from $223-234 million to $71-101 million. The dramatic revision, attributed to cost overruns and schedule delays on six renewables projects, contradicted management's optimistic guidance from just six weeks prior. The law firm Levi & Korsinsky is investigating potential securities law violations on behalf of investors who purchased PRIM shares at artificially inflated prices.

06/29/2026, 3:56 PM • GlobeNewswire

SHAREHOLDER ALERT: Cerebras Systems Inc. Investigated for Securities Fraud Violations by Block & Leviton; Investors Should Contact The Firm To Possibly Recover Losses

Block & Leviton is investigating Cerebras Systems Inc. (NASDAQ: CBRS) and Primoris Services Corp. (NASDAQ: PRIM) for potential securities law violations. Cerebras' stock fell over $40 per share following disappointing Q1 2026 earnings results, while Primoris shares have also declined significantly. Investors who purchased shares and experienced losses are encouraged to contact the firm.

06/25/2026, 8:17 PM • GlobeNewswire

Primoris Services (PRIM) Shares Crater 40% Intraday Amid Additional Renewables Revenue Shock, COO Departure – HBSS

Primoris Services (PRIM) stock plummeted 40% intraday on June 23, 2026, following disclosure of additional cost overruns and challenges in its renewables business, which is expected to see 30% revenue decline in 2026. The announcement also included the abrupt departure of the company's Chief Operating Officer. This marks the second major stock decline in less than two months, with combined losses exceeding $7.8 billion in market capitalization. Hagens Berman is investigating whether pre-May 5 statements about the renewables business misled investors.

06/24/2026, 3:32 PM • GlobeNewswire

Shareholder Alert: Ademi LLP Investigates Claims of Securities Fraud against Primoris Services Corporation

Law firm Ademi LLP is investigating Primoris Services Corporation for possible securities fraud related to inaccurate financial statements and business operations disclosures. The investigation was triggered by Primoris's June 22, 2026 announcement updating its financial outlook and the departure of Chief Operating Officer Jeremy Kinch.

06/23/2026, 2:14 PM • GlobeNewswire

AVAV INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of the July 27, 2026 Lead Plaintiff Deadline in the AeroVironment, Inc. Securities Class Action

Holzer & Holzer, LLC has filed shareholder class action lawsuits against AeroVironment, Inc., alleging false statements regarding competition for satellite communication work. The firm is also investigating Primoris Services Corporation and has filed a lawsuit against Black Rock Coffee Bar, Inc. Investors who suffered losses during specified periods are encouraged to contact the firm before the July 27, 2026 lead plaintiff deadline.

06/22/2026, 4:59 PM • GlobeNewswire

Primoris Services (PRIM) Shares Crater 50% Amid Expanded Renewables Issues – HBSS

Primoris Services Corporation (NYSE: PRIM) experienced a catastrophic 50% stock price decline on May 6, 2026, after reporting significant year-over-year and sequential revenue and gross profit declines in its Energy segment. The company revealed widespread execution issues across multiple solar projects, including project redesigns, labor problems, sequencing errors, and weather disruptions—contradicting earlier management statements that attributed margin pressures to isolated soil and rock conditions. The market reaction wiped out approximately $5.5 billion in market capitalization, prompting shareholder rights firm Hagens Berman to investigate potential disclosure inadequacies.

05/08/2026, 7:21 PM • GlobeNewswire

BREAKING: ADMA Biologics Shares Fall Over 24%; Investors Encouraged to Contact Block & Leviton to Possibly Recover Losses

ADMA Biologics shares fell over 24% after withdrawing long-term financial guidance due to market competitive dynamics and allegations of inflated growth through channel stuffing. Primoris Services stock declined over 45%, and GeneDX shares plummeted over 45% on May 5th. Block & Leviton is investigating all three companies for potential securities law violations and encouraging affected investors to seek recovery.

05/06/2026, 6:57 PM • GlobeNewswire

This Infrastructure Stock Is Up 124% This Past Year, and One Fund Dumped Its $38 Million Stake Last Quarter

Goodlander Investment Management exited its entire $37.77 million position in Primoris (PRIM) during Q4 2025, selling 275,000 shares. Despite the stock surging 124% over the past year and the company delivering solid growth with 19% revenue increase and 22% EBITDA growth, the fund's exit appears to be profit-taking after the dramatic rally rather than a rejection of the infrastructure theme, as the fund maintains other infrastructure and industrial holdings.

03/10/2026, 8:24 PM • The Motley Fool