NEW
YORK, Oct. 17, 2024 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders
of DexCom, Inc. (NASDAQ: DXCM).
Shareholders who purchased shares of DXCM during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/dexcom-inc-loss-submission-form/?id=108712&from=4
CLASS PERIOD: This lawsuit is on behalf of all investors
who: (i) purchased or otherwise acquired DexCom securities between
January 8, 2024 to July 25, 2024, inclusive (the "Class Period")
and/or (ii) sold DexCom put option contracts during the Class
Period.
ALLEGATIONS: According to the complaint, on July 25, 2024, Dexcom announced its financial
results for the second quarter of fiscal 2024 and reduced its
revenue guidance for the full fiscal year 2024. The Company
attributed its results and lowered guidance on their execution of
"several key strategic initiatives" which "did not meet [their]
high standards." Investors and analysts reacted immediately to
DexCom's revelation. The price of DexCom's common stock declined
dramatically. From a closing market price of $107.85 per share on July
25, 2024, DexCom's stock price fell to $64.00 per share on July
26, 2024, a decline of about 40.66% in the span of just a
single day.
DEADLINE: October 21, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/dexcom-inc-loss-submission-form/?id=108712&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of DXCM during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is October 21, 2024. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm