NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Proficient Auto Logistics, Inc. ("Proficient Auto Logistics, Inc.") (NYSE:PAL) concerning possible violations of federal securities laws. On October 16, 2024, Proficient Auto Logistics issued a report pertaining to anticipated operating and financial metrics for the third quarter of fiscal year 2024.
NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Proficient Auto Logistics, Inc. ("Proficient Auto Logistics, Inc.") (NYSE:PAL) concerning possible violations of federal securities laws. On October 16, 2024, Proficient Auto Logistics issued a report pertaining to anticipated operating and financial metrics for the third quarter of fiscal year 2024.
NEW YORK, NY / ACCESSWIRE / November 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Proficient Auto Logistics, Inc. ("Proficient Auto Logistics, Inc.") (NYSE:PAL) concerning possible violations of federal securities laws. On October 16, 2024, Proficient Auto Logistics issued a report pertaining to anticipated operating and financial metrics for the third quarter of fiscal year 2024.
NEW YORK, NY / ACCESSWIRE / November 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Proficient Auto Logistics, Inc. ("Proficient Auto Logistics, Inc.") (NYSE:PAL) concerning possible violations of federal securities laws. On October 16, 2024, Proficient Auto Logistics issued a report pertaining to anticipated operating and financial metrics for the third quarter of fiscal year 2024.
NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Proficient Auto Logistics, Inc. ("Proficient Auto Logistics, Inc.") (NYSE:PAL) concerning possible violations of federal securities laws. On October 16, 2024, Proficient Auto Logistics issued a report pertaining to anticipated operating and financial metrics for the third quarter of fiscal year 2024.
After the close of Wednesday's session, recent IPO Proficient Auto Logistics released very weak preliminary Q3 results. At the midpoint of the preliminary range, revenues will be down by approximately 14% on a sequential basis, despite the benefit from the recent acquisition of Auto Transport Group. With profitability projected to be a far cry from Q2/2024 numbers, I would expect analysts to reduce price targets across the board over the next couple of sessions.
Proficient Auto Logistics, Inc. PAL shares are trading higher on Thursday. Stifel analyst J.