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Ibotta, Inc. Investors: Company Investigated by the Portnoy Law Firm

1. Portnoy Law Firm investigates securities fraud for Ibotta investors. 2. Ibotta reported a 1% revenue decline for Q4 2024. 3. The revenue outlook for Q1 2025 reflects flat growth. 4. Ibotta's stock plummeted nearly 46% following financial announcements. 5. High trading volume accompanied Ibotta's significant stock price drop.

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FAQ

Why Bearish?

The significant drop in Ibotta's stock price may create a negative sentiment, impacting related stocks like ATNM. Historical precedents show similar situations can depress investor confidence in adjacent markets.

How important is it?

The investigation into Ibotta's performance may lead to broader scrutiny in the sector, impacting investor sentiment toward ATNM. A history of investor reaction to fraud investigations indicates that ATNM might be viewed less favorably as a result.

Why Short Term?

Immediate reactions to Ibotta's financial issues may cause volatility in related stocks, including ATNM. Past instances show short-term impacts often follow news of this nature.

Related Companies

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ibotta, Inc. (“Ibotta” or “the Company”) (NYSE: IBTA) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Ibotta investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. On February 26, 2025, following the close of trading, Ibotta issued a press release announcing its financial results for the fourth quarter and full year of 2024. The Company reported quarterly revenue of $98.4 million, representing a 1% decline compared to the same period the previous year. The press release also provided a revenue outlook for the first quarter of 2025, projecting revenue between $80 million and $84 million—reflecting flat year-over-year growth at the midpoint. Following this announcement, Ibotta’s stock price dropped by $29.08 per share, or approximately 46%, falling from $63.09 on February 26, 2025, to $34.01 at the close of trading on February 27, 2025, on unusually high trading volume. Following this news, Ibotta’s stock price dropped $10.64 (13.1%), closing at $70.29 per share on February 6, 2025, causing losses for investors. Please visit our website to review more information and submit your transaction information. The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq.Admitted CA, NY and TX Barslesley@portnoylaw.com310-692-8883www.portnoylaw.com Attorney Advertising

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