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Mynaric AG Investors: Company Investigated by the Portnoy Law Firm

1. Mynaric faces investigation for possible securities fraud affecting investors. 2. Stock price fell after financial projections were revised downwards due to production issues. 3. Portnoy Law Firm may file a class action for aggrieved Mynaric investors.

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FAQ

Why Very Bearish?

The investigation and falling stock price indicate significant investor concern, similar to past fraud cases affecting market confidence.

How important is it?

The legal investigation directly involves Mynaric, impacting investor decisions and overall market perception.

Why Short Term?

The immediate effects of the investigation can lead to further declines in MYNA's stock price; past examples show swift impacts post-announcement.

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MYNA
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Oct. 31, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Mynaric AG (“Mynaric” or “the Company”) (NASDAQ: MYNA) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Mynaric 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 August 20, 2024, Mynaric adjusted its financial projections for the year. The company attributed this revision to production difficulties, citing lower yields and component shortages as factors affecting its performance. As a result of this news, Mynaric's stock price fell. 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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