Zenta Group surged 13.70% intraday following the announcement that it dismissed its previous auditors, WWC, P.C., and appointed new independent registered public accounting firm, with no disagreements cited in the dismissal. The lack of conflicts in the transition may have alleviated investor concerns over potential governance issues, while the appointment of new auditors could signal improved transparency or alignment with regulatory standards. The move likely boosted market confidence in the company’s financial reporting integrity, driving the sharp intraday rally.
Comments
No comments yet