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Stock impact report

Ibotta, Inc. Is Now Under Investigation by The Denver Law Office of Johnson Fistel, LLP on Behalf of Shareholders Who Incurred Losses on Their Investments

Ibotta, Inc. Class A (IBTA) 
Company Research Source: GlobeNewswire
SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Denver Law Office of 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: Click Here to Join the Investigation For more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471 There is no cost or obligation to you. What is Johnson Fistel investigating? On August 13, 2024, Ibotta disclosed its financial results for the second quarter, revealing a net loss of $34.0 million, which constitutes 39% of its revenue for the period. The company reported a 19% decline in direct-to-consumer redemptions on a year-over-year basis, accompanied by a 7% reduction in the number of direc Show less Read more
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