Grocery Outlet Holding Corp. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - GO
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Levi & Korsinsky has initiated an investigation into Grocery Outlet Holding Corp. (NASDAQ:GO) for potential violations of federal securities laws. This follows the company's disappointing 1Q 2024 earnings and reduced annual guidance.
January 09, 2025 | 12:45 pm
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Grocery Outlet Holding Corp. is under investigation by Levi & Korsinsky for potential securities law violations after reporting disappointing 1Q 2024 earnings and lowering its annual guidance.
The investigation by Levi & Korsinsky into potential securities law violations is likely to negatively impact Grocery Outlet's stock price in the short term. The company's poor 1Q 2024 earnings and reduced guidance have already set a negative tone, and the legal scrutiny adds further uncertainty.
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IMPORTANCE 80
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