PR Newswire
LOS ANGELES, Oct. 22, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE: IBTA) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ibotta reported its financial reports for the second quarter of 2024 on August 13, 2024. The Company reported a net loss of $34 million caused by a doubling of operating expenses. The Company also provided a third quarter revenue forecast beneath analyst estimates. Based on this news, shares of Ibotta fell sharply on the next day.
NEW YORK, Sept. 25, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, Sept. 17, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, Sept. 9, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, Sept. 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
RADNOR, Pa., Aug. 28, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Ibotta, Inc. (NYSE: IBTA) ("Ibotta").
On or around April 13, 2024, Ibotta conducted its initial public offering of 6.6 million shares priced at $88.00 per share. Then, on August 13, 2024, Ibotta issued a press release reporting its financial results for the second quarter of 2024. In the results, Ibotta reported, among other items, a net loss of $34.0 million, attributable to operating expenses that more than doubled year-over-year. Ibotta also provided a third quarter revenue forecast in the range of $91 million to $96 million, below consensus estimates. On this news, Ibotta's stock price fell sharply on August 14, 2024, from a close of $58.19 per share on August 13, 2024, to close at $42.66 per share on August 14, 2024.
NEW YORK, Aug. 26, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, Aug. 25, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE: IBTA). Investors who purchased Ibotta securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IBTA.
Investigation Details
RADNOR, Pa., Aug. 23, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Ibotta, Inc. (NYSE: IBTA) ("Ibotta").
On or around April 13, 2024, Ibotta conducted its initial public offering of 6.6 million shares priced at $88.00 per share. Then, on August 13, 2024, Ibotta issued a press release reporting its financial results for the second quarter of 2024. In the results, Ibotta reported, among other items, a net loss of $34.0 million, attributable to operating expenses that more than doubled year-over-year. Ibotta also provided a third quarter revenue forecast in the range of $91 million to $96 million, below consensus estimates. On this news, Ibotta's stock price fell sharply on August 14, 2024, from a close of $58.19 per share on August 13, 2024, to close at $42.66 per share on August 14, 2024.
SAN DIEGO, Aug. 19, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Ibotta, Inc. (NYSE: IBTA)—headquartered in Denver, Colorado—or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors.
What if I purchased Ibotta securities? If you purchased securities and suffered losses on your investment, join our investigation now:
NEW YORK, Aug. 17, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE: IBTA). Investors who purchased Ibotta securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/IBTA.
Investigation Details
On or around April 13, 2024, Ibotta conducted its initial public offering ("IPO") of 6.6 million shares priced at $88.00 per share. Then, on August 13, 2024, Ibotta issued a press release reporting its financial results for the second quarter of 2024. Among other items, Ibotta reported a net loss of $34.0 million, hurt by operating expenses that more than doubled year-over-year. The Company also provided a third quarter revenue forecast in the range of $91 million to $96 million, below consensus estimates. On this news, Ibotta's stock price fell sharply during intraday trading on August 14, 2024.
RADNOR, Pa., Aug. 16, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Ibotta, Inc. (NYSE: IBTA) ("Ibotta").
On or around April 13, 2024, Ibotta conducted its initial public offering of 6.6 million shares priced at $88.00 per share. Then, on August 13, 2024, Ibotta issued a press release reporting its financial results for the second quarter of 2024. In the results, Ibotta reported, among other items, a net loss of $34.0 million, attributable to operating expenses that more than doubled year-over-year. Ibotta also provided a third quarter revenue forecast in the range of $91 million to $96 million, below consensus estimates. On this news, Ibotta's stock price fell sharply on August 14, 2024, from a close of $58.19 per share on August 13, 2024, to close at $42.66 per share on August 14, 2024.
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