Firm Investigated by the Portnoy Regulation Agency

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Company Investigated by the Portnoy Law Firm

LOS ANGELES, July 13, 2020 (GLOBE NEWSWIRE) – Portnoy law firm shares investors in Kirby Corp. (NYSE: KEX) that the law firm has initiated an investigation into possible securities fraud and can file a class action on behalf of investors.

Investors are asked to contact lawyer Lesley F. Portnoy by phone at 310-692-8883 or email lesley@portnoylaw.com to discuss their legal rights, or click here to investigate the case via www .portnoylaw.com to join. The Portnoy law firm can provide a free case assessment and discuss investors' options to pursue claims to recover their losses.

On July 8, 2020, Kirby announced that for the first quarter ended March 31, 2020, non-cash impairment losses on non-recurring goodwill were $ 127,933,000 before tax, $ 98,773,000 after tax, or a loss of 1 $ 65 per share based on No specific provision for a new accounting standard that the company recently adopted on January 1, 2020. In this news, Kirby stock prices fell from the opening at $ 50.20 per share on July 8, 2020 to $ 48.77 per share that day. Kirby's stock prices continued to fall over the next few trading days, trading at $ 46.42 on July 13, 2020.

Please visit our website for more information and to submit your transaction information.

The law firm Portnoy represents investors in the pursuit of claims against companies. The company's founding partner has raised over $ 5.5 billion for injured investors. Attorney advertising. Previous results do not guarantee similar results.

Lesley F. Portnoy, Esq.
Approved CA and NY bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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