B. Riley Financial, Inc. Share News

Short-squeeze stocks are gaining a lot of popularity among retail investors, especially those who are active on Reddit (NYSE: RDDT ). Of course, it's impossible not to mention the “Roaring Kitty” phenomenon, which caused many heavily-shorted stocks to become big winners overnight.

SAN DIEGO, June 17, 2024 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: RILY shares. Investors who purchased shares of B.

My last assessments on B. Riley (initially Strong Sell, then 'Neutral/Hold' to protect against a short squeeze) were accurate, generating +6.42% of value. Two quarters later, B. Riley's core operating profitability has worsened, leading to an erosion of ROIC. It has a negative net interest coverage and its debt coverage ratios have spiked. All this is leading to a bleed of excess liquidity in t...

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B. Riley Financial's total cash and investments balance at $1.61 billion provides substantial balance sheet depth. The company declared a $0.50 per share quarterly cash dividend for a 7% annual dividend yield. RILY faces jus $25 million in debt maturing in 2024 as of the end of its first quarter with $146.4 million of debt maturing in 2025 comfortably covered by cash.

B. Riley Financial, Inc. (NASDAQ:RILY ) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder & Co-CEO Phillip Ahn - CFO & COO Tom Kelleher - Co-Founder & Co-CEO Conference Call Participants Sean Haydon - Charles Lane Capital Paul Dwyer - Punch & Associates Robert Heimowitz - Concise Capital Management Operator Good afternoon, and welc...

LOS ANGELES , May 15, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

The surge in GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) stocks, which added over 100% in their value in just one day, has hinted at the craze that was gripping the stock market when meme mania hit and has already caused short-sellers to lose over $1 billion, while GME and AMC stocks added over $6 billion to their market caps in the process.