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SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of MasTec, Inc. of an Investigation and Potential Class Action Lawsuit – (NYSE: MTZ)


  • By Grand News Network
  • |
  • November 8, 2023

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of MasTec, Inc.:

On August 3, 2023, MasTec announced it missed its estimates for the second quarter of 2023. The Company also revised downwards its 2023 guidance, blaming slowdowns in its communications margins for the revision. Analysts critiqued the Company for its "over-promise, under-deliver halo" concerning overly optimistic guidances which fail to materialize. Following this news, MTZ stock price fell by $24.79 ...

Full story available on Benzinga.com


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