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News  ›  GlobeNewswire Inc.

INVESTOR ALERT: Investigation of MediaAlpha, Inc. (MAX) Announced by Holzer & Holzer, LLC

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Holzer & Holzer, Llc
INVESTOR ALERT: Investigation of MediaAlpha, Inc. (MAX) Announced by Holzer & Holzer, LLC

MediaAlpha reached a $45 million settlement with the Federal Trade Commission involving additional disclosures and content review processes for under-65 health websites, which negatively impacted its stock price.

Insights
COFpL   neutral

Reported +53.4% YoY revenue, slightly beating estimates, with modest stock reaction of +1.5%


MAX   negative

Paid a substantial $45 million settlement, required to implement additional compliance measures, and experienced a stock price decline following the FTC settlement announcement