BWX Technologies, Inc. Loss Form

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    Levi & Korsinsky announces it has commenced an investigation of BWX Technologies, Inc. (“BWX” or “the Company”) (NYSE: BWXT) concerning possible violations of federal securities laws.

    On November 6, 2018, BWX announced its financial and operating results for the third quarter of 2018 in a Form 10-Q with the United States Securities and Exchange Commission. In a press release issued the same day, BWX President and CEO Rex D. Geveden stated that “third quarter results were negatively impacted by a reserve on missile tubes and increased interest expense…” Following this news, BWX’s stock price fell from a close of $60.67 per share on November 6, 2018, to a close of $46.26 per share the following day.