BellRing Brands stock slides about 9% as legal probe notice hits and volatility returns
BellRing Brands shares fell 9.4% to $27.33 by midafternoon Monday, hitting a session low of $26.66. The drop followed a securities law firm’s announcement of an investigation into the company and a director’s corrected share ownership filing. Volume reached about 2.9 million shares. Major U.S. indexes were also lower.