Target Hospitality Corp.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
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CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On June 10, 2024, Target Hospitality issued a press release announcing that it had “received notice that the U.S. government intends to terminate the existing South Texas Family Residential Center (‘STFRC’) services agreement with Target’s migrant programming partner (‘STFRC Partner’), effective in 60 days, or on or about August 9, 2024 (‘Effective Date’).” Target Hospitality stated that it “intends to provide operational and financial updates giving effect to the termination prior to June 30, 2024.”
On this news, Target Hospitality’s stock price fell $3.305 per share, or 31.48%, to close at $7.195 per share on June 11, 2024.
