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B. Riley stock surges after filing overdue annual report

Shares of B. Riley Financial (RILY) are jumping after delivering its overdue annual report. The investment bank's auditors, however, cited "material weaknesses in internal control over financial reporting."

Yahoo Finance's Josh Lipton and Julie Hyman discuss the news in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Stephanie Mikulich.