logo
Wolf Haldenstein Encourages Fortrea Holdings, Inc. (NASDAQ: FTRE) Investors with Losses to Secure Counsel Ahead of the August 1, 2025 Deadline

Wolf Haldenstein Encourages Fortrea Holdings, Inc. (NASDAQ: FTRE) Investors with Losses to Secure Counsel Ahead of the August 1, 2025 Deadline

Business Upturn16 hours ago

By GlobeNewswire Published on June 27, 2025, 20:10 IST
NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP , a global investor rights law firm, reminds purchasers of Fortrea Holdings, Inc. (NASDAQ: FTRE) ('Fortrea') securities between July 3, 2023 and February 28, 2025 (the 'Class Period'), inclusive, of the important August 1, 2025 deadline to seek appointment as lead plaintiff in the securities class action lawsuit.
Investors who purchased or otherwise acquired shares of Rocket should contact the Firm prior to the August 1, 2025 lead plaintiff motion deadline.
PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION
CLASS PERIOD: July 3, 2023 and February 28, 2025
ALLEGATIONS: The filed complaint alleges that Fortrea misled investors by overstating projected revenue from Pre-Spin Projects, exaggerating expected cost savings from exiting transition service agreements, and inflating EBITDA targets for 2025. These misstatements, the suit claims, misrepresented the company's financial outlook and business model viability. When the truth was revealed, investors suffered losses.
DEADLINE: August 1, 2025. Shareholders should contact Wolf Haldenstein as soon as possible
Why Wolf Haldenstein Adler Freeman & Herz LLP ?:
This illustrious firm, founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements. The law firm brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.
We encourage all investors who have been suffered losses or have information that will assist in our investigation, to contact Wolf Haldenstein Adler Freeman & Herz LLP.
Contact:
Firm Website: Wolf Haldenstein Adler Freeman & Herz LLP
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Shoals Technologies (SHLS) to capitalize on Strong Demand for Solar Solutions
Shoals Technologies (SHLS) to capitalize on Strong Demand for Solar Solutions

Yahoo

time5 minutes ago

  • Yahoo

Shoals Technologies (SHLS) to capitalize on Strong Demand for Solar Solutions

Shoals Technologies Group, Inc. (NASDAQ:SHLS) is . On June 24, the company highlighted strong demand for solar solutions at the J.P. Morgan 2025 Energy, Power, and Renewables & Mining Conference. A technician adjusting a complex solar inverter system in a commercial setting. Despite facing regulatory challenges and supply chain constraints, Shoals Technologies remains optimistic about future growth driven by strong demand for solar projects. Consequently, the company seeks to capitalize on opportunities in the data center and battery energy storage systems. Therefore, it has embarked on strategic capital allocation focusing on organic growth and potential acquisitions. The company is targeting growth in data centers and community commercial industrial projects. It has established a Master Supply Agreement with Blattner and UGT, providing predictability in project wins and better supply chain management. It's also exploring international markets with a presence in Australia, Saudi Arabia, and Spain. Shoals Technologies Group, Inc. (NASDAQ:SHLS) provides EBOS solutions for global solar and battery storage projects, offering wiring systems, BESS, monitoring tools, OEM components, and technical support to EPCs, utilities, developers, and other energy sector clients. While we acknowledge the potential of SHLS 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: and . Disclosure: None.

Analyst Says AMD Stock Can ‘At Least Double' in the Next 12 Months
Analyst Says AMD Stock Can ‘At Least Double' in the Next 12 Months

Yahoo

time19 minutes ago

  • Yahoo

Analyst Says AMD Stock Can ‘At Least Double' in the Next 12 Months

Michael Lee, the founder of Michael Lee Strategy, said in a recent program on Schwab Network that bearish sentiment has impacted AMD, but the stock remains positioned to benefit from AI in the long term. "I think it's, you know, if you have a 12-month time horizon, you're looking at at least a double from here. I really like the stock and the nature of these AI GPU games is that the demand far exceeds supply, and the problems that Advanced Micro Devices Inc (NASDAQ:AMD) has had is just getting that supply up and running to meet that demand. It's not quite in line with where the street is, and so they have hammered this stock and kind of lost all faith, and there's this overwhelming bearish sentiment that's been ongoing for a while, especially since February on everything AI." Lee said the company could face short-term headwinds amid tariffs and volatility, but it remains a key beneficiary of the technology growth trend. Photo by Kaleidico on Unsplash Advanced Micro Devices (NASDAQ:AMD) bulls believe the market should stop comparing the company's chips with Nvidia and focus on its data-center growth and its competitive edge over other players like Intel. Advanced Micro Devices (NASDAQ:AMD)'s strong growth in the data center segment is indeed impressive, driven by Instinct GPU shipments and strong sales of EPYC CPUs. Advanced Micro Devices (NASDAQ:AMD) will continue to benefit from organic growth catalysts in this segment despite the competition from Nvidia. According to Goldman Sachs Research, global data center demand could surge by 160% by 2030. In the U.S., data centers are projected to use 8% of total power by 2030, up from 3% in 2022. McKinsey estimates that adding the required U.S. capacity will need over $500 billion in infrastructure investment by the decade's end. Artisan Global Opportunities Fund stated the following regarding Advanced Micro Devices, Inc. (NASDAQ:AMD) in its Q4 2024 investor letter: 'Among our top detractors were Advanced Micro Devices, Inc. (NASDAQ:AMD), Novo Nordisk and Danaher. Shares of AMD declined in Q4, which capped off a frustrating year of stock performance that did not seem to match its fundamental progress. Regarding its AI opportunity, the company accomplished everything we had hoped for over the past 18 months. It successfully entered the market with its MI300 graphic processing unit (GPU) chip and raised its latest 2024 AI-related revenue guidance to $5.0 billion from $4.5 billion. However, its shares have experienced weakness for two primary reasons. First is the emergence of custom AI accelerator chip solutions from Broadcom and Marvell (a Q4 buy) as alternatives to the GPU solutions from NVIDIA and AMD. While this competitive threat is more significant than we had initially anticipated, we continue to be excited about AMD's opportunity moving forward. We believe the AI-related market will grow to $400 billion–$500 billion in the next three years (compared to $100 billion in 2024). We expect that NVIDIA's market share will fall from ~90%in2024to60%–80%overthesameperiodasitcedes market share to AMD (from5%in2024to10%–20%) and custom accelerator solutions (from 5% in 2024 to 10%–20%). Under these assumptions, we expect AI GPUs to double AMD's total 2024 sales. Second is cyclical struggles within other areas of its business. While data center revenues have more than doubled over the past two years, the gaming business is down more than 60%, and embedded (specialized chips found in various industrial and consumer products) is down20%.As its data center business continues to grow and the cyclical areas of its business bounce back, we expect AMD to deliver stronger earnings growth.' While we acknowledge the potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . 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

DBS Maintains a Buy on Meta (META) With an $800 Price Target
DBS Maintains a Buy on Meta (META) With an $800 Price Target

Yahoo

time20 minutes ago

  • Yahoo

DBS Maintains a Buy on Meta (META) With an $800 Price Target

Meta Platforms, Inc. (NASDAQ:META) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 24, DBS analyst Sachin Mittal maintained a Buy rating on Meta Platforms, Inc. (NASDAQ:META) and set a price target of $800. The analyst supported the optimistic rating with the company's strategic initiatives and solid financial performance. A team of developers working in unison to create the company's messaging application. The analyst reasoned that Meta Platforms, Inc. (NASDAQ:META) reported notable revenue and earnings growth in fiscal Q1 2025, exceeding market expectations. Revenue for the quarter experienced a 16% year-over-year growth to $42.31 billion, while average price per ad rose 10% year-over-year. The analyst attributed the strong performance to lower-than-expected tax expenses and a surprise in profit margins. Mittal further reasoned that Meta Platforms, Inc. (NASDAQ:META) is focusing on improving its Reels feature and expanding its AI capabilities, factors that are anticipated to drive long-term growth. The introduction of ads on WhatsApp and the company's notable investment in AI infrastructure further support the analyst's positive outlook. Meta Platforms, Inc. (NASDAQ:META) develops social media applications and operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The Family of Apps segment covers Instagram, Facebook, WhatsApp, Messenger, and other services, while the Reality Labs segment encompasses mixed, augmented, and virtual reality-related software, hardware, and content. While we acknowledge the potential of META 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: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store