Morningstar

This $22 billion robotics company's stock is tumbling as accounting errors found

Symbotic said investors should no longer rely on its Q4 results, which had sent the stock soaring 28% Symbotic Inc. is another example of how damaging it can be for the shares of a company, even a ...
New York Post

Macy’s rogue employee hid $151M in expenses to cover up mistake, wasn’t motivated by personal gain

Macy’s said an investigation into accounting problems found that a rogue employee hid more than $151 million in expenses to cover up a bookkeeping mistake and wasn’t motivated by personal or financial ...
Seeking Alpha

Symbotic’s stock plunges 40% on accounting error

Symbotic’s (NASDAQ:SYM) shares on Wednesday fell as much as 40% after the robotics company lowered its quarterly guidance and said it needed more time to file its ...
abcnews4

SC treasurer calls questions of his role in $1.8B accounting error a witch hunt

COLUMBIA, S.C. (AP) — South Carolina Treasurer Curtis Loftis said Wednesday that calls for him to resign over an accounting error that left the state trying to ...
KVOA 4

Pima County's $1.6 million mistake prompts new accounting measures

TUCSON, Ariz. (KVOA) - The Pima County Treasurer's Office has revealed an accounting error that led to an overpayment of more than $1.6 million to local cities ...

This $22 billion robotics company’s stock is tumbling as accounting errors found

Symbotic Inc. is another example of how damaging it can be for the shares of a company, even a “very rapidly growing” one, if ...