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News  ›  Benzinga

Securities Fraud Investigation Into PagerDuty, Inc. (PD) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

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Securities Fraud Investigation Into PagerDuty, Inc. (PD) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz

Law Offices of Frank R. Cruz announced an investigation into PagerDuty's potential securities law violations after the company reported lower financial performance, including reduced net retention rate and decreased revenue guidance.

Insights
LLY   positive

Acquired experienced executive Carole Ho as Executive Vice President of Neuroscience


PD   negative

Stock price dropped 23.3% after reporting lower financial performance, reduced revenue guidance, and customer budget caution. Net retention rate declined from 107% to 100%, indicating potential business challenges.