StockNews.AI
FLOC
StockNews.AI
83 days

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Flowco Holdings Inc. - FLOC

1. Pomerantz LLP investigates Flowco Holdings for potential securities fraud. 2. Flowco's IPO in January 2025 priced shares at $24.00. 3. First quarter results showed revenue of $192.4 million, missing estimates by $6.26 million. 4. Flowco's stock fell 12.52% to $19.98 following disappointing earnings. 5. Investors may join a class action regarding these claims.

4m saved
Insight
Article

FAQ

Why Bearish?

The significant drop in stock price after missing earnings estimates reflects investor concern, similar to other cases of corporate misconduct leading to sharp declines.

How important is it?

The ongoing investigation by Pomerantz LLP adds significant risk to FLOC, impacting its stock performance and investor confidence.

Why Short Term?

The immediate fallout from the investigation and earnings report will likely influence stock performance in the near term, creating volatility as investors react.

Related Companies

FLOC
NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Flowco Holdings Inc. (“Flowco” or the “Company”) (NYSE: FLOC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Flowco and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On or around January 16, 2025, Flowco conducted its initial public offering (“IPO”), selling 17.8 million shares of common stock priced at $24.00 per share. Then, on May 13, 2025, Flowco issued a press release reporting its financial results for the first quarter of 2025. Among other items, Flowco reported revenue of $192.4 million, missing consensus estimates by $6.26 million, and GAAP earning per share of $0.24, missing consensus estimates by $0.06. In its press release, Flowco said that “the U.S. upstream outlook has been challenged by evolving tariff policies, OPEC+ commentary suggesting accelerated production, and broader economic uncertainty.”  On this news, Flowco’s stock price fell $2.86 per share, or 12.52%, to close at $19.98 per share on May 13, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle Peyton Pomerantz LLP dpeyton@pomlaw.com 646-581-9980 ext. 7980

Related News