Waitr Holdings, Inc.
Company Name | Waitr Holdings, Inc. |
Stock Symbol | WTRH |
Class Period | May 17, 2019 to August 08, 2019 |
Lead Plaintiff Motion Deadline | November 26, 2019 |
On August 8, 2019, after the market closed, the Company revealed that its Chief Executive Officer had resigned; that the integration of BiteSquad.com, LLC, which Waitr had acquired in January 2019, was not proceeding according to plan; and that the Company was laying off personnel.
On this news, the Company’s share price fell $1.87, or roughly 50% to close at $1.89 per share on August 9, 2019, thereby injuring investors.
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