Proficient Auto Logistics (PAL) Stock

SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm  Robbins LLP is investigating Proficient Auto Logistics, Inc. (NASDAQ: PAL) to determine whether certain Proficient Auto Logistics officers and directors violated securities laws and breached fiduciary duties to shareholders. Proficient Auto Logistics focuses on providing auto transportation and logistics services in North America.

SAN DIEGO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating Proficient Auto Logistics, Inc. (NASDAQ: PAL) to determine whether certain Proficient Auto Logistics officers and directors violated securities laws and breached fiduciary duties to shareholders. Proficient Auto Logistics focuses on providing auto transportation and logistics services in North America.

NEW YORK, NY / ACCESSWIRE / November 20, 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 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 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.

SAN DIEGO , Nov. 11, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Proficient Auto Logistics, Inc. (NASDAQ: PAL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

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.

SAN DIEGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Proficient Auto Logistics, Inc. (NASDAQ: PAL) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

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.