GlobeNewsWire
30 Sept 2026, 20:44 UTC · 1h ago
Verdict
Headline leans bearish. We score DNOW −0.80 across two claims.
Score confirms the headline.
Leans bearish
From its wording — no explicit rating
−0.80strongly bearish
What the story claims
2 claims · scored −1 bearish … +1 bullish · 1 new · 1 priced in
DNOW faces a securities class action lawsuit alleging it understated challenges regarding its merger with MRC Global Inc. due to issues with an enterprise resources planning system.
Priced inlawsuit was already filed prior to this reminder
More negative than 76% of claims this week
The deadline for investors to move the Court to serve as lead plaintiff in the DNOW securities class action is October 2, 2026.
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5 related stories
More negative than 84% of ticker scores this week
Scored by the NIS engine · methodology.
Top 3 movers · tap to explore
So whatThe 48-hour window before the deadline may trigger short-term volatility if high-loss institutional investors signal intent to lead.
More negative than 61% of claims this week
Which stocks this story touches
More negative than 84% of ticker scores this week
The company is facing a securities class action lawsuit alleging false and misleading statements regarding its merger with MRC Global.
More negative than 71% of ticker scores this week
The company is mentioned in the context of a notice from a law firm specializing in investor rights/class actions.
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GlobeNewsWire
58m ago
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DNOW hasn't traded since this ran. Last close $15.50 (Sep 30); the reaction starts at the next open.
DNOW chart →
