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B. Riley plunges after Franchise Group files for bankruptcy protection

By Yahoo! Finance   |   Nov 4, 2024 at 05:48 AM EST
B. Riley plunges after Franchise Group files for bankruptcy protection

B. Riley Financial's stock fell 15% in premarket trading due to its investment in Franchise Group, which filed for bankruptcy. The bank warned of potential losses related to the investment and faced scrutiny from regulators.

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