Wix.com is facing a legal probe after its shares plummeted 27% in a single day, wiping out over $1.1 billion of its market capitalization. On the same day, the company reported a massive 46% year-over-year increase in operating expenses for Q1 2026. The $20.56 price drop has significant repercussions for the company.
Investors file a securities class action following a 31% stock crash in January 2026 triggered by disappointing third-quarter financial results.
Read the full storyImmunityBio shares plunged 21% following an FDA warning letter regarding misleading claims for its cancer drug Anktiva, triggering a securities class action.
Investors have two days to join a securities lawsuit alleging ImmunityBio misled the market about its cancer drug Anktiva following a formal FDA warning letter.