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Ibotta, Inc. (NYSE: IBTA) Securities Fraud Investigation

On or around April 13, 2024, Ibotta conducted its initial public offering of 6.6 million shares priced at $88.00 per share.  Then, on August 13, 2024, Ibotta issued a press release reporting its financial results for the second quarter of 2024.  In the results, Ibotta reported, among other items, a net loss of $34.0 million, attributable to operating expenses that more than doubled year-over-year. Ibotta also provided a third quarter revenue forecast in the range of $91 million to $96 million, below consensus estimates.  On this news, Ibotta's stock price fell sharply on August 14, 2024, from a close of $58.19 per share on August 13, 2024, to close at $42.66 per share on August 14, 2024.  

If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP:  Jonathan Naji, Esq. (484) 270-1453 or via e-mail at info@ktmc.com.  

Complete this form with your transactions in Ibotta, Inc.
 securities pursuant and/or traceable to IPO on or about April 18, 2024.

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Purchase(s)
+ Additional Purchases
Sale(s)
+ Additional Sales
Date
# of Shares
Price per Share
Date
Principal Amount
Amount Paid
Series or CUSIP
Date
# of Contracts
Price per Contract
Exercise Price
Expiration Date
Did you purchase shares of Ibotta, Inc. prior to the Class Period?
Are you a current or former employee of Ibotta, Inc. ?
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