LifeStance Health Group, Inc.
|Company Name||LifeStance Health Group, Inc.|
In June 2021, LifeStance completed its initial public offering (“IPO”), issuing 32.8 million shares at $18 per share.
On August 11, 2021, LifeStance announced its second quarter 2021 financial results, reporting a net loss of $70 million.
On this news, the Company’s stock price fell $10.16, or 46%, to close at $11.71 per share on August 12, 2021, thereby injuring investors.
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