Ibotta, Inc. (NYSE:IBTA) Faces Legal Challenges Po…
From Financial Modeling Prep: 2025-06-02 18:00:00
Ibotta, Inc. is facing legal challenges post-IPO for not disclosing risks tied to its Kroger contract, potentially causing financial losses for shareholders.
Levi & Korsinsky is representing affected investors in Ibotta stock, offering recovery options with a deadline for action set on June 16, 2025.
Significant shareholder Clark Jermoluk Founders Fund I LLC sold 18,543 IBTA shares slightly above current stock value, reducing their holdings to 544,638 shares.
IBTA stock price fluctuates between $47.51 and $49.64 today, with a year-high of $97.69 and a low of $31.40. Market capitalization is around $1.25 billion, with a trading volume of 136,136 shares amid legal challenges.
Read more at Financial Modeling Prep:: Ibotta, Inc. (NYSE:IBTA) Faces Legal Challenges Po…