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Citizens Financial Services, Inc. shares fall 2.32% intraday after advising LayerZero Power Systems on a majority stake sale.
ByAinvest
Thursday, Jul 31, 2025 12:20 pm ET1min read
Citizens Financial Services, Inc. declined 2.32% in intraday trading. The company advised LayerZero Power Systems, Inc. on the sale of a majority stake to Advent International, a global private equity investor. This news event is likely to have a negative impact on the stock price as it indicates a significant change in the company's ownership structure.
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