Levi & Korsinsky Announces an Investigation on Behalf of Xometry, Inc. (XMTR) Shareholders Who May Have Been Affected by Fraud
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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 in Q4 2022 due to revenue shortfall and lower gross margins.
November 15, 2024 | 12:45 pm
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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 and issues with revenue and gross margins could lead to increased scrutiny and potential legal consequences, affecting its stock price negatively in the short term.
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IMPORTANCE 80
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