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Waitr Holdings, Inc.

Company NameWaitr Holdings, Inc.
Stock SymbolWTRH
Class PeriodMay 17, 2019 to August 08, 2019
Lead Plaintiff Motion DeadlineNovember 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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