Information
NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Venu Holding Corporation ("Venu" or the "Company") (NYSE:VENU) investors concerning the
Original sourceAI Summary
Venu is under investigation for possible securities law violations. The company reported $5.38 million in revenue, missing estimates. Shares declined by approximately 21.45% following poor financial results.
Sentiment Rationale
Historical data shows investigations often lead to decreased investor confidence and lower stock prices.
Trading Thesis
Immediate market reactions to investigations usually affect prices swiftly, often within days.
Market-Moving
- Venu is under investigation for possible securities law violations.
- The company reported $5.38 million in revenue, missing estimates.
- Shares declined by approximately 21.45% following poor financial results.
Key Facts
- Venu is under investigation for possible securities law violations.
- The company reported $5.38 million in revenue, missing estimates.
- Shares declined by approximately 21.45% following poor financial results.
Companies Mentioned
- SPAC (SPAC)
- CCIV (CCIV)
- PLTR (PLTR)
Legal
Legal investigations typically have significant impacts on stock prices, increasing uncertainty for investors.
NEW YORK, Jan. 12, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Venu Holding Corporation ("Venu" or the "Company") (NYSE:VENU) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws or other unlawful business practices.
[LEARN MORE ABOUT THE INVESTIGATION]
What Happened?
On November 27, 2024, Venu conducted its initial public offering of 1.2 million shares priced at $10.00 per share. Then, on November 14, 2025, Venu issued a press release reporting its financial results for the third quarter of 2025. Among other items, Venu reported revenue of $5.38 million, representing a 1.3% year-over-year decline and missing consensus estimates by $2.05 million. On this news, the price of Venu shares declined by $2.37 per share, or approximately 21.45%, from $11.05 per share on November 14, 2025 to close at $8.68 on November 17, 2025.
What Should I Do?
If you purchased or otherwise acquired Venu securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]
Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com
