ATTENTION XMTR SHAREHOLDERS: Investors who Lost Money on Xometry, Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation
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 shortfalls and lower gross margins.
November 12, 2024 | 12:45 pm
News sentiment analysis
Sort by:
Descending
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, Inc. for potential securities law violations is likely to negatively impact investor sentiment. The company's significant EBITDA loss in Q4 2022 due to revenue shortfalls and lower gross margins adds to the negative outlook, potentially leading to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100