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Codere Online Faces Auditor Resignation Amid IT Control Challenges
Company Announcements

Codere Online Faces Auditor Resignation Amid IT Control Challenges

Story Highlights
  • Codere Online provides online gaming services, including sports betting and casino games.
  • The company is seeking a new auditor after Marcum LLP resigned due to IT control issues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Codere Online ( (CDRO) ) has provided an update.

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Codere Online Luxembourg, S.A. announced the resignation of Marcum LLP as its independent registered public accounting firm due to IT control deficiencies and insufficient internal controls. The company is actively seeking a new auditor and is making efforts to complete its financial filings to regain compliance with Nasdaq requirements, highlighting ongoing challenges in meeting regulatory expectations and maintaining operational integrity.

More about Codere Online

Codere Online Luxembourg, S.A. operates in the online gaming industry, providing interactive gaming services. The company focuses on offering online sports betting and casino games to its users, targeting a market that spans several regions.

YTD Price Performance: 139.46%

Average Trading Volume: 70,850

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $318.9M

For an in-depth examination of CDRO stock, go to TipRanks’ Stock Analysis page.

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