Domo, Inc. (DOMO)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Domo, Inc. (DOMO)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Domo, Inc.(“Domo” or the “Company”) (NASDAQ: DOMO). The investigation concerns whether Domoand certain of its officers and/or directors have violated federal securities laws.
On September 5, 2019, Domo reported its financial results for the second quarter of 2019. Although Domo reported positive earnings news, the Company also provided guidance for the third quarter and full fiscal year 2020 that fell short of market expectations. On this news, Domo’s stock price fell $9.44 per share, or 37.45%, to close at $15.77 per share on September 6, 2019.
If you are aware of any facts relating to this investigation, or purchased Domo shares, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.