Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an ...
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder ...
The truth emerged on Nov. 27, 2024, when Symbotic revealed errors in its revenue recognition related to unbillable cost overruns. These errors impacted all quarters of fiscal year 2024, with the ...
Symbotic (NASDAQ: SYM) gave investors unfortunate news about its financial statements that are crashing the stock price.
The maker of AI-enabled robotics technology is restating its fiscal 2024 results and lowered its guidance for fiscal Q1 2025.
Goldman Sachs analyst Mark Delaney lowered the firm’s price target on Symbotic (SYM) to $28 from $34 and keeps a Neutral rating on the shares.
Key Takeaways Symbotic, the Walmart-backed artificial intelligence (AI) warehouse technology company, warned Wednesday about ...
Symbotic’s stock plunged after the robotics company became the latest example of the consequences of weaknesses in controls ...
Symbotic stock falls nearly 40% after announcing financial reporting errors and revising sales guidance for Q1 2024. Company works to correct issues.
Financial writer analyzes Symbotic Inc.'s potential amid strong revenue growth and profitability but warns of high valuation.
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Symbotic reduced its quarterly guidance and said it will need more time to file its annual report after identifying an error in its system revenue recognition. The ...