
PETCO (WOOF) ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Petco Health and Wellness Company, Inc. and Encourages Investors to Contact the Firm Before August 29th
Click here to participate in the action.
A shareholder class action lawsuit has been filed against Petco Health and Wellness Company, Inc. ('Petco' or the 'Company') (NASDAQ: WOOF). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information about Petco's business, operations, and prospects, including allegations that: (i) Petco's pandemic-related tailwinds were unsustainable, as was its business model of selling primarily premium and/or high-grade pet food; (ii) accordingly, the strength of Petco's differentiated product strategy was overstated; (iii) Defendants downplayed the true scope and severity of the foregoing issues, the magnitude of changes needed to rectify those issues, and the likely negative impacts of their mitigation strategy on Petco's comparable sales metric; and (iv) accordingly, Defendants overstated Petco's ability to deliver sustainable, profitable growth.
If you purchased or otherwise acquired Petco shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.
Contact Information:
Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648
[email protected]
www.bespc.com

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
CoreWeave Crashes 46% After Lockup--Is This the AI Bargain of the Year or a Falling Knife?
CoreWeave's (NASDAQ:CRWV) post-IPO honeymoon may be ending. After skyrocketing more than fourfold by mid-June, the stock has come back to earthfalling 46% from its June 20 peak. The trigger? Over 80% of Class A shares just became eligible for sale as the IPO lockup expired. That timing came two days after CoreWeave's second earnings report, which revealed a wider-than-expected loss despite a raised 2025 revenue forecast. The stock has already dropped 33% this week alone, with analysts flagging the potential for more downside as early investors head for the exit. Warning! GuruFocus has detected 5 Warning Signs with CRWV. The selloff could create both risk and opportunity. CoreWeave now trades at a roughly $49 billion market cap, down from a June high of $88 billion. Its free floatpreviously under 15%could expand significantly as insiders begin selling. That's likely what spooked the market, according to Roundhill CEO Dave Mazza, who called it a challenging, even confusing setup. Citi's Tyler Radke echoed that sentiment, warning of short-term pressure but suggesting that a more liquid float might attract new buyers. Meanwhile, Nvidia (NASDAQ:NVDA)CoreWeave's key AI chip supplierisn't going anywhere. It actually increased its stake in Q2 to 6.5%, now worth about $2.4 billion. The long-term bull case hasn't vanished. CoreWeave is still spending aggressivelyup to $23 billion this yearto meet rising AI demand, and counts Microsoft as its largest customer. But execution risk is climbing, especially with its all-stock acquisition of Core Scientific looming. Hedge funds like Magnetar and Coatue may opt to ease out slowly to avoid triggering further panic. D.A. Davidson's Gil Luria has a $36 price target, implying over 60% downside from recent levels. Whether this marks a healthy reset or the beginning of a deeper unwind depends on who shows up to buyif anyone does. This article first appeared on GuruFocus. Se produjo un error al recuperar la información Inicia sesión para acceder a tu portafolio Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información Se produjo un error al recuperar la información
Yahoo
33 minutes ago
- Yahoo
B. Riley Lifts PT on CleanSpark (CLSK) to $17 From $16, Keeps a Buy Rating
CleanSpark, Inc. (NASDAQ:CLSK) is one of the top cheap stocks that will go to the moon according to Reddit. On August 8, B. Riley lifted the firm's price target on CleanSpark, Inc. (NASDAQ:CLSK) to $17 from $16 while keeping a Buy rating on the shares. A hall of server racks, illuminated by blue LED lights and humming with energy. The firm told investors that it updated its model for CleanSpark, Inc. (NASDAQ:CLSK) after its fiscal Q3 report was released on August 7. CleanSpark, Inc. (NASDAQ:CLSK) reported $198.6 million in quarterly revenue, up 91% from the previous year. Net income for Q3 was $257.4 million. Management reported that the company held 12,703 bitcoin in treasury, with more than 1 GW of power under contract. Zach Bradford, CEO of CleanSpark, Inc. (NASDAQ:CLSK), stated that Q3 2025 marked the 'most successful quarter' in the company's history, supported by its execution discipline. He added that the company reached 50 EH/s of operational hashrate in June, making CleanSpark, Inc. (NASDAQ:CLSK) the first public company to attain this milestone exclusively with American infrastructure. The company also attained record basic EPS of $0.90, and grew its bitcoin treasury to over $1 billion in value. CleanSpark, Inc. (NASDAQ:CLSK) is a bitcoin mining company that independently owns and operates data centers across the US, with locations in Georgia, Mississippi, Tennessee, and Wyoming. CleanSpark, Inc. (NASDAQ:CLSK) has a range of subsidiaries, including ATL Data Centers LLC, CleanBlok, Inc., CleanSpark DW, LLC, CleanSpark GLP, LLC, and more. While we acknowledge the potential of XXXX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
42 minutes ago
- Yahoo
LexinFintech Holdings (LX) Announces Unaudited Results for Fiscal Q2 2025
LexinFintech Holdings Ltd. (NASDAQ:LX) is one of the top cheap stocks that will go to the moon according to Reddit. LexinFintech Holdings Ltd. (NASDAQ:LX) announced its unaudited financial results for fiscal Q2 2025 on August 7, reporting a revenue of RMB 3.59 billion, up 15.6% quarter-over-quarter. A business professional using the company's technology-driven platform to access location-based services for a shopping experience. Profit (Non-GAAP EBIT) for the quarter reached RMB 670 million, up 15.2% quarter-over-quarter and 116.4% year-over-year. Management reported that Q2 profit was 'the highest in 14 quarters, marking the fifth straight quarter of sequential growth, while multiple core business indicators continued to improve.' Headquartered in Shenzhen, China, LexinFintech Holdings Ltd. (NASDAQ:LX) is involved in the business of matching consumers with credit needs with its financial institution partners via its proprietary platform and mobile application. While we acknowledge the potential of XXXX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data