Warrior Met Coal, Inc. Investors: Company Investigated by the Portnoy Law Firm

LOS ANGELES, March 19, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Warrior Met Coal, Inc. ("Warrior" or the "Company") HCC investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.

On February 24, 2021, after the market closed, a press release was issued by Warrior announcing its fourth quarter and full year 2020 financial results. Warrior reported a larger-than-expected fourth quarter net loss of $33.7 million, or $0.66 per diluted share, among other results. It was further stated in this press release that "[d]ue to ongoing uncertainty related to the COVID-19 pandemic, the Chinese ban on Australian coal and other potentially disruptive factors, Warrior will not be providing full year 2021 guidance at this time." citing its "short-term focus of preserving cash and liquidity[,]" Warrior advised investors further that its "Stock Repurchase Program also remains temporarily suspended."

On February 25, 2021, Warrior's stock price fell $5.79 per share, or 22.59%, on this news, to close at $19.84 per share.

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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.

Admitted CA and NY Bar

lesley@portnoylaw.com

310-692-8883

www.portnoylaw.com

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