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Stock impact report

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Perion Network Ltd. (PERI)

Perion Network Ltd - Ordinary Shares (PERI) 
Last perion network ltd - ordinary shares earnings: 2/12 02:30 am Check Earnings Report
US:NASDAQ Investor Relations: perion.com/ir-info
Company Research Source: GlobeNewswire
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired Perion Network Ltd. (“Perion” or the “Company”) (NASDAQ: PERI) securities between February 9, 2021 and April 5, 2024, inclusive (the “Class Period”). The lawsuit seeks to recover damages for the Company’s investors under the federal securities laws. The Complaint alleges throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company’s search advertising business and related financial results, growth, and prospects, including allegations that: (1) Perion’s search advertising business was not a reliable and significant growth driver and was in fact in decline; (2) Perion’s long-term relationship with Micro Show less Read more
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