Levi & Korsinsky Reminds Xometry, Inc. Investors of the Ongoing Investigation into Potential Violations of Securities Laws - XMTR
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Levi & Korsinsky has initiated an investigation into Xometry, Inc. for potential violations of federal securities laws. The investigation follows Xometry's announcement of a $14.2 million adjusted EBITDA loss in Q4 2022, attributed to revenue shortfall and lower gross margins.
November 08, 2024 | 12:45 pm
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Xometry, Inc. is under investigation by Levi & Korsinsky for potential securities law violations following a significant EBITDA loss in Q4 2022.
The investigation into potential securities law violations is likely to negatively impact investor sentiment and the stock price in the short term. The significant EBITDA loss and issues with revenue and margins add to the negative outlook.
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