Securities Fraud Investigation Into Yext, Inc. (YEXT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Yext, Inc. (YEXT)
Last yext, inc. earnings: 3/3 04:15 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Yext, Inc. (“Yext” or the “Company”) (NYSE: YEXT) investors concerning the Company’s possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON YEXT, INC. (YEXT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What Happened?On February 2, 2026, Yext disclosed that its CEO, Michael Walrath, had withdrawn his proposal to acquire all outstanding shares of the Company not already owned by him because he “would not be able to obtain the necessary financing.”Walrath had previously claimed that his proposal was “backed by reputable and well-capitalized financing sources[.]”On this news, Yext’s stock price fell $1.69, or 23.6%, to close at $5.47 per share on February 2, 2026, thereby injuring investors.Contact Us To Participate or Learn More:If you
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News
- Yext, Inc. (YEXT) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud InvestigationBusiness Wire
- Securities Fraud Investigation Into Yext, Inc. (YEXT) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. CruzBusiness Wire
- Yext (NYSE:YEXT) had its price target lowered by analysts at DA Davidson from $8.25 to $6.00. They now have a "neutral" rating on the stock.MarketBeat
- Yext CEO withdraws acquisition bid, company plans $150M buyback [Seeking Alpha]Seeking Alpha
- Yext CEO Withdraws Non-Binding Acquisition Proposal; Company Intends to Repurchase $150 Million of Common Stock Through Self-Tender Offer [Yahoo! Finance]Yahoo! Finance