Why Casa Systems Shares Are Tumbling Today - Casa Systems (NASDAQ:CASA)

Published on 4 Apr 2024 on Benzinga

Why Casa Systems Shares Are Tumbling Today - Casa Systems (NASDAQ:CASA)

Casa Systems, Inc. CASA shares are tumbling after the company initiated a court-supervised Chapter 11 sale process to achieve value-maximizing sales of its businesses.

The company filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

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NASDAQ.CASA price evolution

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