Press release
Investors who lost money with shares of ZipRecruiter, Inc. (NYSE: ZIP) should contact the Shareholders Foundation
An investigation for investors in ZipRecruiter, Inc. (NYSE: ZIP) shares over potential securities laws violations by ZipRecruiter.
Investors who purchased shares of ZipRecruiter, Inc. (NYSE: ZIP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ZipRecruiter, Inc. (NYSE: ZIP) concerning whether a series of statements by ZipRecruiter, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Santa Monica, CA based ZipRecruiter, Inc., together with its subsidiaries, operates a marketplace that connects job seekers and employers. ZipRecruiter, Inc. reported that its annual Total Revenue rose from $418.14 million in 2020 to $741.14 million in 2021, and that its Net Income declined from $86.04 million in 2020 to $3.6 million in 2021.
On February 21, 2023, ZipRecruiter, Inc. announced its financial results for the fourth quarter and full year 2022, as well as providing guidance for the first quarter and full year 2023. Among other items, ZipRecruiter, Inc. reported quarterly and annual guidance that fell significantly below expectations, as well as fourth-quarter 2022 revenue that represented a 4% decline from the same period in the prior year.
Shares of ZipRecruiter, Inc. (NYSE: ZIP) declined from $24.05 per share on February 15, 2023, to $126.94 per share on February 28, 2023.
Those who purchased shares of ZipRecruiter, Inc. (NYSE: ZIP) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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