Lost Money on Xometry, Inc.(XMTR)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky
Portfolio Pulse from
Levi & Korsinsky has initiated an investigation into Xometry, Inc. (NASDAQ:XMTR) for potential violations of federal securities laws. This follows Xometry's announcement of a $14.2 million adjusted EBITDA loss for Q4 2022, attributed to revenue shortfall and lower gross margins.
November 07, 2024 | 12:45 pm
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NEGATIVE IMPACT
Xometry, Inc. is under investigation by Levi & Korsinsky for potential securities law violations after reporting a significant EBITDA loss in Q4 2022.
The investigation by Levi & Korsinsky into Xometry for potential securities law violations is likely to negatively impact investor confidence and the stock price in the short term. The significant EBITDA loss reported for Q4 2022 adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100