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Casa Systems, Inc.

Company NameCasa Systems, Inc.
Stock SymbolCASA

In December 2017, Casa completed its initial public offering (“IPO”) in which it sold 6.9 million shares at $13 per share.

On August 14, 2018, Casa announced disappointing financial results and lowered its revenue guidance for the year by $50 million. 

On this news, the Company’s stock price fell $3.52, or nearly 23%, to close at $12.08 per share on August 15, 2018, thereby injuring investors. Since the IPO, Casa’s stock has traded as low as $5.62 per share, significantly below the $13 offering price.

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Shares Purchased

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Shares Sold

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