Streetbeat News

Regulatory

MAPS

The Schall Law Firm has announced a class action lawsuit against WM Technology, Inc. for alleged violations of securities regulations. Investors who purchased WM Technology's securities between May 25, 2021, and September 24, 2024, are encouraged to participate in the lawsuit.

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November 17, 2024 | 5:15 pm

CMG

Chipotle Mexican Grill Inc is facing a class action lawsuit for alleged violations of securities regulations. The Schall Law Firm is urging affected shareholders to contact them before January 10, 2025.

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November 17, 2024 | 5:15 pm

POWW

AMMO, Inc. is facing a class action lawsuit for alleged violations of securities regulations. The Schall Law Firm is inviting investors who incurred losses to join the lawsuit. The case involves violations of the Securities Exchange Act of 1934.

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November 17, 2024 | 5:00 pm

LILM

The Schall Law Firm is encouraging stockholders to participate in a class action lawsuit against Lilium N.V. for alleged violations of securities laws, specifically sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5.

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November 17, 2024 | 4:45 pm

MYGN

Levi & Korsinsky has initiated an investigation into Myriad Genetics, Inc. for potential securities law violations. This follows UnitedHealth Group's decision to stop covering Myriad's GeneSight test from January 2025.

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November 17, 2024 | 4:00 pm

CRLBF

The US cannabis industry is showing resilience with a projected growth from $30 billion to over $50 billion by 2030. Recent stock pullbacks present investment opportunities, especially with federal legalization efforts gaining momentum. Investors are advised to use technical analysis for informed decisions.

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November 17, 2024 | 3:45 pm

O

Realty Income (NYSE:O) is expected to benefit from potential interest rate cuts, improved corporate tax rates, and economic growth during Trump's presidency, despite a 2% decline in its stock since his election.

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November 17, 2024 | 3:00 pm

SMH

The VanEck Semiconductor ETF (SMH) is rated as a Hold due to concentration risk, high valuation, and technical analysis indicating potential near-term downside. With a high P/E ratio of 60x, SMH is considered a poor capital allocation choice currently. Geopolitical risks, such as potential tariffs and tighter controls on semiconductor exports, could negatively impact its holdings and profitability.

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November 17, 2024 | 1:30 pm

LLY

Eli Lilly and Novo Nordisk are working to prevent compounded copies of their drugs, Ozempic and Zepbound, while facing challenges in scaling up production to meet demand.

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November 17, 2024 | 12:15 pm