Why USA Technologies Stock Fell Thursday

Shares of networking and cashless transaction company USA Technologies (NASDAQ: USAT) were hit hard on Thursday, falling as much as 22.2%. As of 11:07 a.m. EDT, the stock was down 18%.

The stock's decline follows USA Technologies' fiscal fourth-quarter and full-year update, including the announcement that the company is now up to date on its financial disclosures, which were delayed by an internal investigation by the board's audit committee.

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Source Fool.com