Expired
Lead Plaintiff Deadline
Oct 15, 2024
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According to the complaint, on July 29, 2024, Symbotic announced their 3Q24 financial results and then lowered its revenue guidance for the fourth quarter and full fiscal year 2024. Symbotic attributed their change in guidance to “schedule growth and higher labor costs during the quarter.” Analysts commenting on the stock questioned when management first knew and responded to the issues. Following this news, Symbotic’s stock price opened at $26.36 per share or approximately 25% below the previous day’s close of $35.63 per share.
In order to be eligible to join the SYM class action lawsuit, you must have incurred a loss on shares of Symbotic purchased during the class period listed above.
If you suffered a loss in Symbotic during the relevant time frame or pursuant to the relevant offering(s), you have until October 15, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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