StockNews.AI
TTGT
StockNews.AI
131 days

TECHTARGET ALERT: Bragar Eagel & Squire, P.C. is Investigating TechTarget, Inc. on Behalf of TechTarget Stockholders and Encourages Investors to Contact the Firm

1. Bragar Eagel & Squire investigates claims against TechTarget (TTGT). 2. TechTarget restated financials, indicating significant past errors. 3. Shares dropped $2.09 after financial restatement announcement. 4. Projected goodwill impairment of $70m to $110m impacts investor confidence. 5. Shares declined further by $2.05 after the annual report delay.

4m saved
Insight
Article

FAQ

Why Very Bearish?

Significant share price declines followed recent disclosures indicate strong negative sentiment. Historical trends show that restatements usually lead to prolonged price declines.

How important is it?

Ongoing legal investigations and financial restatements significantly disrupt investor trust and stock performance.

Why Short Term?

Immediate impact visible through recent share price drops post-disclosure. However, issues could linger affecting investor sentiments in the near term.

Related Companies

INMMSFTADBE
NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against TechTarget, Inc. (“TechTarget” or the “Company”) (NASDAQ:TTGT) on behalf of TechTarget stockholders. Our investigation concerns whether TechTarget has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On December 6, 2024, TechTarget disclosed that its previous financial statements “should no longer be relied upon and were being restated” because of certain “errors” which had been identified. These financial statements included those filed with the Company’s Registration Statement and related to the “Informa Tech Digital Businesses of Informa PLC.” On this news, the price of TechTarget shares declined by $2.09 per share, from $25.54 per share on December 6, 2024, to close at $23.48 on December 9, 2024. Then, on March 31, 2025, TechTarget disclosed that it would be unable to timely file its 2024 Annual Report. The Company revealed it needed to “further evaluate technical accounting matters,” related to its combination with the “Informa Tech Digital Businesses.” The Company disclosed “[b]ased on preliminary information” it “expects to record a pre-tax non-cash goodwill impairment charge related to the business in the range of approximately $70m to $110m” for the 2024 fiscal year. On this news, the price of TechTarget shares declined by $2.05 per share, from $14.81 per share on March 31, 2025, to close at $12.76 on April 1, 2025. If you purchased or otherwise acquired TechTarget shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

Related News