Yext, Inc. (YEXT)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Yext, Inc. ("Yext" or the "Company") (NYSE: YEXT). Investors who purchased Yext securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Yext and certain of its officers and/or directors have violated federal securities laws.
On March 8, 2022, Yext issued a press release announcing its fourth quarter and full year fiscal 2022 results. Among other items, Yext reported revenue of $100.9 million for the quarter, falling well short of consensus estimates, as well as revenue outlooks for the first quarter and full year fiscal 2023 that likewise missed consensus estimates. Yext further announced the departure of the Company’s Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer. On this news, Yext’s stock price fell $0.55 per share, or 9.29%, to close at $5.37 per share on March 9, 2022.
If you are aware of any facts relating to this investigation or purchased Yext shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson 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.