ComScore Stock Suffers as Audit Continues

ComScore shares fell Tuesday after the company said its auditors need more time in an accounting probe to “evaluate the information collected and to reach and evaluate final conclusions.” The audit held up filing of the company's Form 10-K 2015 and Q1 Form 10-Q reports. The stock closed down 19 percent Tuesday at $23.83. “The Audit Committee continues to work vigorously to complete its review and to report its findings to the Board,” comScore said in an SEC Form 8-K filing posted on its website Tuesday. “The independent counsel and other advisers to the Audit Committee have completed a substantial amount of their factual inquiries to address the Audit Committee’s review.” The review began Feb. 19 when auditors “received a message regarding certain potential accounting matters,” it said.