Pomerantz LLP is investigating claims on behalf of investors of BWX Technology, Inc. (“BWX” or the “Company”). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether BWX and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On November 6, 2018, post-market, BWX announced its financial and operating results for the third quarter of 2018. BWX reported, in part, that its “[t]hird quarter results were negatively impacted by a reserve on missile tubes and increased interest expense.” Following this news, BWX’s stock price fell sharply during intraday trading on November 7, 2018, damaging investors.