An investigation for investors in Qualtrics International Inc. (NASDAQ: XM) shares over potential securities laws violations by Qualtrics International Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/20/2023 -- Qualtrics International Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Qualtrics International Inc. (NASDAQ: XM), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Qualtrics International Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Provo, UT based Qualtrics International Inc. operates an experience management platform to design and manage customer, employee, product, and brand experiences worldwide.
Qualtrics International Inc. reported that its annual Total Revenue rose from over $1.07 billion in 2021 to over $1.45 billion in 2022 and that its Net Loss increased from over $1.05 billion in 2021to over $1.06 billion in 2022.
Shares of Qualtrics International Inc. (NASDAQ: XM) declined from $49.03 per share in September 2021, to as low as $9.30 per share in October 2022.
On March 17, 2023, NASDAQ: XM shares closed at $17.65 per share.
Those who purchased shares of Qualtrics International Inc. (NASDAQ: XM) have certain options and should contact the Shareholders Foundation.
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