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B Communications Faces Derivative Lawsuit Over ‘Yes’ Board Decisions

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B Communications Faces Derivative Lawsuit Over ‘Yes’ Board Decisions

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B Communication ( (IL:BCOM) ) has shared an update.

B Communications Ltd. has received a motion for approval of a derivative lawsuit against ‘Yes’ and its directors, alleging decisions that caused financial damage to shareholders. The company is reviewing the lawsuit and plans to respond, but does not anticipate a significant impact on its operations or financial performance.

More about B Communication

YTD Price Performance: 45.35%

Average Trading Volume: 133

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $605.2M

For an in-depth examination of BCOM stock, go to TipRanks’ Stock Analysis page.

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