Market News (Page 29) - TendieTensor

Market News Page 29 of 278 • 6,937 articles

DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds Sprouts Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 26, 2026

GlobeNewswire Inc. • Faruqi & Faruqi, Llp

DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds Sprouts Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 26, 2026

01/03/2026 07:47 AM • A federal securities class action has been filed against Sprouts Farmers Market for allegedly making false and misleading statements about the company's growth potential while concealing material adverse facts. On October 29, 2025, Sprouts reported a 4.3% decrease in comparable store sales growth and reduced full-year guidance from 7.5%-9% to 7%, causing the stock to fall $22.64 per share. The deadline to seek lead plaintiff status is January 26, 2026.

KYOCY - Major supplier of advanced organic packaging substrates for high-performance semiconductors with innovative product showcases
SFM - The company is facing a federal securities class action alleging false and misleading statements about growth potential. Additionally, Sprouts reported disappointing Q3 results with a 4.3% decline in comparable store sales growth, significantly reduced forward guidance, and a substantial stock price decline of $22.64 per share following the announcement.

#class action lawsuit #securities fraud #misleading statements #comparable store sales decline #guidance reduction #lead plaintiff deadline

DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026

GlobeNewswire Inc. • Faruqi & Faruqi, Llp

DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds SLM Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 17, 2026

01/03/2026 07:43 AM • A federal securities class action has been filed against SLM Corporation alleging that the company and its executives made false and misleading statements regarding delinquency rates and the effectiveness of loan modification programs. The complaint claims SLM concealed a significant increase in early-stage delinquencies, contradicting executive assurances about normal seasonal trends. Following a TD Cowen report on August 14, 2025 that revealed delinquencies were up 49 basis points month-over-month, SLM's stock fell 8.09%. The deadline to seek lead plaintiff status is February 17, 2026.

SLM - The company is the subject of a federal securities class action alleging material misstatements about delinquency rates and loan modification program effectiveness. Executives allegedly made false assurances about seasonal trends that were contradicted by independent analysis, resulting in an 8.09% stock price decline.

#class action lawsuit #securities fraud #delinquencies #loan modification #misleading statements #lead plaintiff deadline

INVESTIGATION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of RZLT

GlobeNewswire Inc. • Faruqi & Faruqi, Llp

INVESTIGATION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of RZLT

01/03/2026 07:41 AM • Rezolute, Inc. shares collapsed approximately 85-90% on December 11, 2025, after the company's Phase 3 sunRIZE clinical trial for its lead drug candidate ersodetug failed to meet primary and key secondary endpoints in treating congenital hyperinsulinism. The stock dropped from around $10.94 to an intraday low near $0.90, triggering Nasdaq volatility halts.

PRMB - Limited information provided, only mentioned in passing without specific details
RZLT - The company experienced a catastrophic stock price decline of 85-90% due to its lead drug candidate failing to meet primary and secondary endpoints in a Phase 3 clinical trial, representing a major setback for the company's pipeline and investor confidence.

#clinical trial failure #Phase 3 trial #stock collapse #congenital hyperinsulinism #ersodetug #securities litigation

DEADLINE REMINDER: Faruqi & Faruqi Reminds Alexandria Real Estate Equities Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 26, 2026

GlobeNewswire Inc. • Faruqi & Faruqi, Llp

DEADLINE REMINDER: Faruqi & Faruqi Reminds Alexandria Real Estate Equities Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 26, 2026

01/03/2026 07:38 AM • A securities class action lawsuit has been filed against Alexandria Real Estate Equities for allegedly making false and misleading statements about its Long Island City property and life-science strategy. The company reported disappointing Q3 2025 results including a 5% revenue decline, 7% decline in adjusted funds from operations, and occupancy rate drop from 94.8% to 91.4%, causing a 19% stock price decline on October 28, 2025. The lead plaintiff deadline is January 26, 2026.

FUN - Limited information provided, only mentioned in passing without specific details
ARE - The company faces a federal securities class action lawsuit alleging false and misleading statements about its Long Island City property and life-science strategy. Additionally, Q3 2025 results significantly underperformed expectations with declining revenue, declining adjusted funds from operations, and declining occupancy rates, resulting in a 19% stock price drop.

#class action lawsuit #securities fraud #false statements #Long Island City property #Megacampus strategy #earnings miss #occupancy rate decline #lead plaintiff deadline

Mutuum Finance (MUTM) Advances Through Roadmap Phase 2 With Halborn Audit Now Complete

GlobeNewswire Inc. • Globe Newswire

Mutuum Finance (MUTM) Advances Through Roadmap Phase 2 With Halborn Audit Now Complete

01/03/2026 05:00 AM • Mutuum Finance (MUTM), a decentralized lending and borrowing protocol, has completed a security audit by Halborn Security for its V1 protocol and is preparing for testnet deployment. The project has raised $19.5M during its presale with approximately 18,700 token holders and 820M tokens sold. The protocol features dual lending models, stablecoin support, and plans for Layer-2 compatibility.

GLNK - Chainlink is mentioned as a planned oracle infrastructure provider for Mutuum Finance's pricing mechanisms. The reference is purely technical and informational, indicating intended integration without expressing sentiment about Chainlink itself.

#DeFi #decentralized lending #security audit #cryptocurrency #token presale #smart contracts #collateral management #stablecoins #Layer-2 #testnet deployment

Trump Media Short Interest Jumps 31% Post-Merger As Traders Bet DJT Rally Will Fade Despite AI Data Center Ambitions

Benzinga • Ananya Gairola

Trump Media Short Interest Jumps 31% Post-Merger As Traders Bet DJT Rally Will Fade Despite AI Data Center Ambitions

01/03/2026 03:41 AM • Short sellers are increasing bets against Trump Media & Technology Group (DJT) following its announced $6 billion merger with Google-backed TAE Technologies. Short interest jumped 31% to 16 million shares worth $218 million in bearish bets since the December 18 announcement. While DJT shares rallied over 30%, the stock remains down 60% over the past year, and Trump's ownership stake would dilute from 40% to 20% post-merger.

CTSH - Identified as a key player in an emerging digital health market with significant growth potential
DJT - Despite a recent 30% rally post-merger announcement, the stock is down 60% over 12 months. Short interest surged 31% to $218 million in bearish bets, indicating traders expect the rally to fade. The company remains money-losing with concerns about long-term financial performance and strategy.

#short selling #Trump Media #merger #TAE Technologies #stock rally #short interest #bearish sentiment #dilution

Who's Going Public Next? Kalshi Bets Drop US IPO Clues Before 2027— And It's Not Just SpaceX Or OpenAI

Benzinga • Eva Mathew

Who's Going Public Next? Kalshi Bets Drop US IPO Clues Before 2027— And It's Not Just SpaceX Or OpenAI

01/02/2026 11:55 PM • Prediction market data from Kalshi reveals which private companies are most likely to go public before 2027. Kraken leads with an 83% probability of IPO, followed by Cerebras Systems (77%), Databricks (70%), and Discord (70%). Other contenders include Plaid (49%), Anduril (46%), and Skims (46%). The IPO market is expected to gain momentum in 2026 following a slowdown caused by policy uncertainty and government disruptions in 2025.

PLDIF - 49% IPO probability indicates moderate likelihood compared to higher-probability candidates

#IPO #prediction markets #Kraken #Cerebras Systems #Databricks #Discord #2026 #AI chipmakers #crypto exchange #fintech

Tesla Loses Electric Vehicle Crown To China's BYD After Second Year Of Declining Sales

Benzinga • Mohd Haider

Tesla Loses Electric Vehicle Crown To China's BYD After Second Year Of Declining Sales

01/02/2026 09:52 PM • Tesla has lost its position as the world's leading EV maker to China's BYD after reporting a second consecutive year of declining sales. Tesla's fully electric vehicle deliveries dropped 9% to 1.64 million units in 2025, while BYD surged 28% to 2.26 million vehicles, driven by aggressive international expansion and affordable EV offerings. Tesla's recovery efforts with refreshed models have fallen short amid intensifying competition from Chinese automakers and reduced government incentives.

TSLA - Tesla lost its market leadership position to BYD, reported a second consecutive year of declining sales (9% drop), and faces mounting pressure from competition, reduced government incentives, and regulatory challenges. Recovery efforts have fallen short.

#electric vehicles #market share #sales decline #competition #China #EV industry #autonomous driving

Brookfield Renewable Announces Intention to Redeem Its Series 7 Preferred Units

GlobeNewswire Inc. • Na

Brookfield Renewable Announces Intention to Redeem Its Series 7 Preferred Units

01/02/2026 05:59 PM • Brookfield Renewable Partners L.P. announced the redemption of all outstanding Class A Preferred Limited Partnership Units, Series 7 for C$25.00 per unit on January 31, 2026, with an aggregate cost of C$175 million funded from available liquidity. Unitholders will also receive a final quarterly distribution of C$0.34375 per unit.

BEP - The redemption of preferred units is a routine capital management action. The company has sufficient liquidity to fund the C$175 million redemption, indicating financial stability. However, this is a standard corporate action with no material positive or negative implications for the business operations or growth prospects.

#preferred units redemption #Class A Preferred Limited Partnership Units #Series 7 Preferred Units #renewable energy #capital allocation

Fidelity Bank Welcomes James Clemente, CPA, MT and Rocco A. DelVecchio to Board of Directors

GlobeNewswire Inc. • Na

Fidelity Bank Welcomes James Clemente, CPA, MT and Rocco A. DelVecchio to Board of Directors

01/02/2026 05:49 PM • Fidelity D & D Bancorp, Inc. and its subsidiary The Fidelity Deposit and Discount Bank announced the appointment of James Clemente, CPA, and Rocco A. DelVecchio to their Board of Directors on January 2, 2026. Clemente brings 45+ years of accounting and consulting expertise, while DelVecchio brings decades of financial services leadership experience.

FDBC - The appointment of two experienced professionals to the board strengthens governance and strategic direction. Clemente's accounting expertise and DelVecchio's extensive banking leadership experience are presented as valuable additions that will support growth and shareholder value creation.

#board appointment #banking #corporate governance #financial services #community bank

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios as of December 31, 2025

GlobeNewswire Inc. • Na

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios as of December 31, 2025

01/02/2026 05:45 PM • Kayne Anderson Energy Infrastructure Fund (KYN) reported net assets of $2.3 billion and a net asset value per share of $13.57 as of December 31, 2025. The fund maintains strong asset coverage ratios of 644% for debt and 480% for total leverage. The portfolio is heavily concentrated in midstream energy companies, with top holdings including Williams Companies, Enterprise Products Partners, and MPLX LP.

WMB - Listed as the largest holding (10.6% of portfolio) in KYN's midstream energy portfolio. Neutral sentiment reflects its role as a portfolio component without independent performance commentary in the article.

#energy infrastructure #closed-end fund #net asset value #midstream energy #asset coverage ratio #distribution

Intelligent Bio Solutions Announces Closing of $10.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules

GlobeNewswire Inc. • Na

Intelligent Bio Solutions Announces Closing of $10.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules

01/02/2026 05:00 PM • Intelligent Bio Solutions Inc. (INBS) closed a $10.0 million private placement with two healthcare-focused institutional investors, issuing 2,298,850 shares of common stock at $4.35 per share along with Series K-1 and K-2 warrants. The company plans to use proceeds for working capital, FDA 510(k) submission for its Intelligent Fingerprinting Drug Screening System, and international market expansion.

INBS - The company successfully closed a $10 million funding round with institutional investors, demonstrating investor confidence. The capital will support FDA regulatory approval and international expansion, which are positive catalysts for future growth and commercialization of their drug screening technology.

#private placement #capital raise #drug screening #FDA approval #warrants #market expansion

Westport Announces Board of Directors Update

GlobeNewswire Inc. • Na

Westport Announces Board of Directors Update

01/02/2026 05:00 PM • Westport Fuel Systems announced board changes effective January 1, 2026, with Tony Guglielmin assuming the Chair role following Dan Hancock's retirement. Brad Kotush, bringing over 20 years of experience in finance, investment banking, and clean technology, joined the board to strengthen governance and support the company's strategic objectives.

WPRT - The appointment of an experienced CFO with clean tech and capital markets expertise to the board, combined with stable leadership transition, signals confidence in the company's strategic direction and governance. The emphasis on strengthening financial position and transformation initiatives supports a positive outlook.

#board of directors #leadership transition #alternative fuel systems #clean technology #corporate governance #HPDI fuel system #natural gas #hydrogen

Univest Securities, LLC Announces Closing of $1.4 Million Registered Direct Offering for its Client Globavend Holdings Limited (NASDAQ: GVH)

GlobeNewswire Inc. • Univest Securities, Llc

Univest Securities, LLC Announces Closing of $1.4 Million Registered Direct Offering for its Client Globavend Holdings Limited (NASDAQ: GVH)

01/02/2026 05:00 PM • Univest Securities completed a $1.4 million registered direct offering for Globavend Holdings Limited (NASDAQ: GVH), an e-commerce logistics provider. The company sold 889,359 ordinary shares or pre-funded warrants at an effective price of $1.60 per share. Univest acted as the sole placement agent for the offering.

GVH - The company successfully completed a capital raise of $1.4 million, which is a positive operational development. However, the offering size is relatively modest and the article contains only factual information about the transaction without commentary on business performance or growth prospects.

#registered direct offering #capital raising #e-commerce logistics #securities offering #placement agent

MKDW repurchased approximately $7 million worth of its outstanding ordinary shares.

GlobeNewswire Inc. • Na

MKDW repurchased approximately $7 million worth of its outstanding ordinary shares.

01/02/2026 05:00 PM • MKDWELL Tech Inc. (NASDAQ: MKDW), an automotive electronics manufacturer, announced a stock repurchase agreement to buy back 34.58 million ordinary shares at $0.203 per share for approximately $7 million. The company's CEO stated the repurchase aims to protect shareholder value amid undervalued share prices, while acknowledging challenges from macroeconomic volatility and new US tariffs.

GTN.A - Expanded media coverage and sports broadcasting rights indicate business growth and strategic partnership
MKDW - While the share repurchase demonstrates management confidence in long-term value, the decision is driven by perceived undervaluation and acknowledgment of current macroeconomic headwinds and tariff pressures. The repurchase is a defensive measure rather than a sign of strong operational momentum, suggesting cautious optimism tempered by near-term challenges.

#share repurchase #stock buyback #automotive electronics #AIoT technology #shareholder value #macroeconomic challenges #US tariffs

Benzinga • Globe Newswire

Legence Completes Acquisition of Bowers

01/02/2026 04:55 PM • Legence Corp. (NASDAQ:LGN) has completed its acquisition of The Bowers Group, a mechanical contractor based in Beltsville, Maryland with 40+ years of expertise. The deal involved $325 million in upfront cash consideration funded through cash on hand, revolving credit, a $200 million term loan upsizing, and approximately 2.55 million shares of Class A common stock, with an additional $50 million in deferred consideration due at the end of 2026.

LGN - The company successfully completed a strategic acquisition that expands its service offerings and geographic reach. Management expressed confidence in achieving greater success through the combination, and the deal represents an important milestone in their growth strategy. The acquisition adds a well-established contractor with 40+ years of expertise to their portfolio.

#acquisition #mechanical contractor #HVAC systems #MEP services #Northern Virginia #DC Metro area #growth strategy

GlobeNewswire Inc. • Na

Legence Completes Acquisition of Bowers

01/02/2026 04:55 PM • Legence Corp. (Nasdaq: LGN) has completed its acquisition of The Bowers Group, a Maryland-based mechanical contractor with 40+ years of expertise in HVAC, plumbing, and process systems. The $325 million upfront purchase price was funded through cash, revolving credit, a $200 million term loan upsizing, and 2.55 million shares of Class A common stock, with an additional $50 million deferred consideration due at year-end 2026.

LGN - Successful completion of a strategic acquisition marks an important growth milestone. The company is expanding its service offerings and geographic reach into the Northern Virginia and DC Metro markets, which should enhance revenue and market position. CEO expressed confidence in achieving greater success through the combination.

#acquisition #mechanical contractor #HVAC systems #Northern Virginia #DC Metro #growth strategy #term loan facility #Class A common stock

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

Benzinga • Prnewswire

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

01/02/2026 04:36 PM • John Hancock closed-end funds announced their monthly distributions on January 2, 2026. The Premium Dividend Fund (PDT) declared a monthly distribution of $0.0825 per share, while the Tax-Advantaged Dividend Income Fund (HTD) declared $0.1580 per share. Both distributions are made under managed distribution plans and may include net investment income, capital gains, and return of capital as necessary.

JHPI - Fund is mentioned in the article header but no specific distribution details are provided in the main content, indicating routine operations without notable developments.

#closed-end funds #monthly distributions #dividend #managed distribution plan #return of capital #investment income

Life360 Director Sells $241,000 via Trust as Stock Pulls Back 40% From October Peak

The Motley Fool • Sara Appino

Life360 Director Sells $241,000 via Trust as Stock Pulls Back 40% From October Peak

01/02/2026 04:33 PM • Life360 Director John Philip Coghlan sold 3,125 shares worth approximately $241,316 on December 5, 2025, through trust-managed accounts under a pre-arranged trading plan. The sale occurs as Life360's stock has declined 40% from its October peak of $112.54 to around $77.22 at the time of transaction. Despite the pullback, the company reported strong Q3 results with 34% year-over-year revenue growth and announced a $120 million acquisition of advertising technology company Nativo.

LIF - While the insider selling and 40% stock pullback from October peak suggest weakness, this is offset by strong Q3 financial results (34% YoY revenue growth, 91.6M monthly active users) and a strategic $120M acquisition of Nativo. The director's sale appears pre-planned rather than reactive, and analyst ratings remain strong with average price target near $100, indicating confidence in long-term prospects despite near-term volatility.

#insider selling #Rule 10b5-1 trading plan #stock decline #trust-managed accounts #acquisition #location-based services

GlobeNewswire Inc. • Na

Feit Electric Expands Lighting Portfolio with Acquisition of Good Earth Lighting Brand

01/02/2026 04:00 PM • Feit Electric has acquired the assets and brand of Good Earth Lighting, a well-established LED lighting company founded in 1992. The acquisition expands Feit Electric's portfolio of brands including Cree Lighting and LIFX, strengthening its position in the residential and light commercial LED lighting markets across North America.

USLG - While the acquisition represents a significant business event, the article does not provide information about whether this was a positive or negative outcome for Good Earth Lighting stakeholders. The brand will continue operating under Feit Electric's ownership with maintained customer support.

#acquisition #LED lighting #Good Earth Lighting #Feit Electric #sustainable design #energy-efficient #brand portfolio

TimesSquare Brings 'Growth With A Conscience' To Mid-Caps With New Active ETF

Benzinga • Chandrima Sanyal

TimesSquare Brings 'Growth With A Conscience' To Mid-Caps With New Active ETF

01/02/2026 03:37 PM • TimesSquare Capital Management and Tidal Financial Group launched the TimesSquare Quality Mid Cap Growth ETF (TSCM) on Tuesday. The actively managed ETF uses a bottom-up, research-intensive approach to select 30-40 mid-cap growth stocks based on strong management, competitive advantages, consistent performance, and attractive valuations. The launch reflects growing investor interest in active equity ETFs as alternatives to passive indexes.

ALBpA - Despite challenging EV market conditions, the company is proactively managing costs, selling non-core assets, and maintaining cash generation potential
TSCM - New product launch with positive strategic positioning, but actual performance and investor adoption remain uncertain. The article notes the success of the strategy will be 'a discussion for another time,' indicating unproven track record as an ETF.

#active ETF #mid-cap growth #stock selection #valuation discipline #fundamental research

2025 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes

GlobeNewswire Inc. • Na

2025 Year-End NAIC Designations for STACR REMIC Trust, STACR Trust, and STACR Debt Notes

01/02/2026 03:36 PM • Freddie Mac announced the 2025 NAIC filing year designations for 213 STACR Notes, with 207 achieving NAIC 1 Designation and 6 achieving NAIC 2 Designation. One exchangeable note (STACR 2024-DNA2 M2B) was downgraded from NAIC 1 to NAIC 2, while its related MACR Note maintained its NAIC 1 rating.

TSLA - Mentioned as part of broader EV market discussion, with slower than expected sales growth due to high interest rates and regulatory changes
FMCC - The announcement reports mostly positive results with 207 of 213 notes maintaining or achieving NAIC 1 status. However, the downgrade of one note from NAIC 1 to NAIC 2 introduces a minor negative element, resulting in an overall neutral sentiment as the vast majority of notes performed well.

#STACR Notes #NAIC Designation #Credit Risk Transfer #Mortgage-backed securities #Housing market #REMIC Trust

BREAKING: Agilon Health, Inc. Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses

GlobeNewswire Inc. • Block & Leviton Llp

BREAKING: Agilon Health, Inc. Sued For Securities Fraud; Investors Should Contact Block & Leviton to Potentially Recover Losses

01/02/2026 03:33 PM • Agilon Health (NYSE: AGL) faces a securities fraud lawsuit after its stock fell 25% following the CEO's resignation and withdrawal of 2025 financial guidance. The complaint alleges the company issued misleading guidance and overstated the impact of cost-reduction measures despite being aware of material industry headwinds. Eligible investors who purchased shares between February 26, 2025, and August 4, 2025, can seek recovery through the class action lawsuit.

AGL - The company is facing securities fraud allegations, experienced a 25% stock price decline, its CEO resigned immediately, and it withdrew full-year 2025 financial guidance due to unexpected medical cost pressures and revenue estimate downward adjustments. These factors indicate serious operational and legal challenges.

#securities fraud #class action lawsuit #financial guidance withdrawal #CEO resignation #investor losses #medical cost pressures

FFIV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that F5, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

GlobeNewswire Inc. • Robbins Geller Rudman & Dowd Llp

FFIV INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that F5, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

01/02/2026 03:00 PM • A class action lawsuit has been filed against F5, Inc. alleging the company misrepresented its security posture and financial outlook while concealing a significant nation-state security breach of its BIG-IP product. The breach, disclosed in October 2025, led to stock declines of 14% and 11% following separate announcements, with F5 subsequently providing significantly below-market growth expectations for fiscal 2026.

GOOGL - Mentioned as part of major tech companies investing $50-100 billion annually in AI infrastructure
FFIV - F5 faces allegations of securities fraud for concealing a significant nation-state security breach affecting its flagship BIG-IP product while providing misleading positive guidance. The breach resulted in substantial stock price declines (14% and 11%), reduced sales expectations, elongated sales cycles, and increased remediation costs, indicating material operational and financial deterioration.

#class action lawsuit #securities fraud #security breach #nation-state threat actor #BIG-IP product #revenue guidance #stock decline #investor losses

SIX FLAGS URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Six Flags Investors of the Upcoming January 5th Deadline and Urges Investors to Contact the Firm

GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.

SIX FLAGS URGENT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Six Flags Investors of the Upcoming January 5th Deadline and Urges Investors to Contact the Firm

01/02/2026 02:49 PM • A class action lawsuit has been filed against Six Flags Entertainment Corporation in the U.S. District Court for the Northern District of Ohio, alleging that the company's registration statement for its July 2024 merger with Cedar Fair failed to disclose chronic underinvestment in parks and degraded operational competence under CEO Selim Bassoul. Six Flags stock has declined nearly 64% from $55 to $20 per share since the merger closing. Investors have until January 5, 2026 to apply to be appointed as lead plaintiff.

META - Mentioned as part of major tech companies investing $50-100 billion annually in AI infrastructure
FUN - Class action lawsuit alleges material omissions in merger registration statement regarding chronic underinvestment and operational degradation. Stock has declined 64% since merger closing, indicating significant investor losses and loss of confidence in the company's disclosed financial condition and prospects.

#class action lawsuit #merger disclosure #Six Flags #Cedar Fair #underinvestment #stock decline #securities litigation