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Stock impact report

CVRx INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

CVRx, Inc. (CVRX) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against CVRx Inc. (“CVRx” or the “Company”) (NASDAQ:CVRX). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.[LEARN MORE ABOUT THE INVESTIGATION]What Happened?On April 7, 2025, CVRx announced weaker than expected preliminary first quarter results. In the Company’s earnings press release, CVRx’s President and Chief Executive Officer Kevin Hykes (“Hykes”) said that “many of [the Company’s] newer sales representatives are still in the early stages of development.” On this news, the price of CVRx shares declined by $5.34 per share, or approximately 46.3%, from $11.54 per share on April 7, 2025 to close at $6.20 on April 8, 2025.Then, on May 8, 2025, CVRx announced weak first quarter results and lowered its full year revenue guidance. During the related earnings cal Show less Read more
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