![]() Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.ĭETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. In 2019 alone the firm secured over $438 million for investors. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. ![]() If you wish to serve as lead plaintiff, you must move the Court no later than July 11, 2023. A class action lawsuit has already been filed. toll-free at 86 or email or for information on the class action. WHAT TO DO NEXT: To join the Stem class action, go to or call Phillip Kim, Esq. SO WHAT: If you purchased Stem securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. (“Merger Sub”), and Stem, Inc., (“Legacy Stem”) and/or (ii) between Maand February 16, 2023, both dates inclusive (the “Class Period”), of the important Jlead plaintiff deadline. (NYSE: STEM, STEM.WT, STPK.U): (i) pursuant and/or traceable to the offering documents issued in connection with the merger (“Merger”) consummated on Apby and among the Company, STPK Merger Sup Corp. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.NEW YORK, J(GLOBE NEWSWIRE) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers and acquirers of the securities of Stem, Inc. In terms of the Zacks Industry Rank, Computers - IT Services is currently in the bottom 39% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. ![]() The current consensus EPS estimate is -$0.17 on $109.71 million in revenues for the coming quarter and -$0.65 on $670.51 million in revenues for the current fiscal year. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. So, the shares are expected to underperform the market in the near future. ![]() While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Īhead of this earnings release, the estimate revisions trend for Stem, Inc. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. ![]() There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. ![]()
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