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Stock impact report

DIRECT DIGITAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Direct Digital Holdings, Inc. on Behalf of Direct Digital Stockholders and Encourages Investors to Contact the Firm

Direct Digital Holdings, Inc. (DRCT) 
Company Research Source: GlobeNewswire
NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Direct Digital Holdings, Inc. (“Direct Digital” or the “Company”) (NASDAQ: DRCT) on behalf of Direct Digital stockholders. Our investigation concerns whether Direct Digital has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On March 26, 2024, Direct Digital Holdings reported fourth-quarter financial results for the period ending December 31, 2023, The Company reported revenue of $41 million missing consensus estimates by $24.95 million. EPS for the quarter was ($0.08) and consensus estimates was for earnings of $.26. On this news, Direct Digital Holdings stock was trading 48% lower in after-hours trading on March 26, 2024. If you purchased or otherwise acquired Direct Digital shares and suffered a loss, are a long-term stock Show less Read more
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