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Law Offices of Howard G. Smith announces an investigation on behalf of Amplitude, Inc. (“Amplitude” or the “Company”) AMPL investors concerning the Company’s possible violations of federal securities laws.
On February 16, 2022, Amplitude released its fourth quarter 2021 financial results, revealing that its land-and-expand strategy would “take a few years” to accelerate results despite prior assurances of sustainable growth. The Company also lowered its 2022 fiscal guidance.
On this news, Amplitude’s stock price fell $24.51, or 58.9%, to close at $17.10 per share on February 17, 2022, thereby injuring investors.
If you purchased Amplitude securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240215668303/en/
