🔴 Endava is trading 19.89% down today after CFO placed on leave amid accounting investigation

Endava is trading 19.89% down now at $2.23 after disclosing that CFO Mark Thurston was placed on administrative leave on September 21, 2026, pending an independent accounting investigation.

• The probe concerns accounting treatment for certain customer and supplier agreements; Conor McShane of AlixPartners became interim CFO.
• Company-specific accounting uncertainty is weighing heavily despite technology stocks gaining broadly on September 22.
• The investigation prompted analyst concern, including William Blair’s downgrade to Underperform, adding pressure to investor confidence.