MasTec, Inc
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.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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
MasTec disclosed on August 3, 2023, that it failed to meet its financial performance projections for the second quarter of 2023. The company also adjusted its 2023 guidance, attributing the revision to a slowdown in its communications margins.
In response to this announcement, the share price of MasTec experienced a significant decline, dropping by $24.82 per share, which amounted to a decrease of 20.52%, over the subsequent two trading sessions. The stock ultimately closed at $96.14 per share on August 7, 2023.
