0.51% +0.20

John Wiley & Sons Inc. (WLY)

Overview News Price History Option Chain Why WLY Down? Discussions Forecast Stock Split Dividend History

Why is John Wiley & Sons Inc. (WLY) Stock down?

We've noticed a 5.29% decline in John Wiley & Sons Inc. (WLY) stock during the 2024-02-13 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

10 Oct, 2023:

Shares of John Wiley Sons Inc (WLY) dropped by 10.63% from $34.63 to $30.95 in the trading on Tuesday, October 10, 2023. The reason why WLY stock down is due to a CEO transition announcement. The abrupt departure of John Wiley & Sons Inc.'s CEO, Brian Napack, triggered a drop in the company's stock price today, as it instilled uncertainty among investors. In response, Matthew Kissner was appointed as interim CEO, and the company postponed its scheduled Investor Day, originally set for October 12, adding to investor apprehension. The sudden leadership change and postponed event fueled concerns about the company's direction, leading to the significant stock price decline, and investors are closely monitoring how the transition may impact its future performance.

15 Jun, 2023:

WLY's stock fell 11.39% following the disappointing fourth-quarter results. The company's reported revenue and operating income decreased by 3% and 74% respectively compared to the previous year.

https://finance.yahoo.com/news/wiley-reports-fourth-quarter-fiscal-123000087.html