Compass Diversified Shares Jump 11.1% Amid Plans to Discuss Restated Financial Results

Compass Diversified (CODI) stock jumped 11.1% in the after-market session after announcing a conference call to discuss the restatement of its financial results for the previous three years. This was seen as a positive step toward finalizing and filing the restated financials, helping to resolve uncertainties that caused volatility and delays in the company's filings with government regulators. The shares closed the day at $7.37, up 6.7% from the previous close.