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ARE ALERT: Kirby McInerney LLP Reminds Alexandria Real Estate Equities, Inc. Investors of Important Deadline in Class Action Lawsuit
Businesswire· 2025-12-05 01:00
Core Viewpoint - A class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. alleging misleading information regarding its leasing spreads, development pipeline, and occupancy growth for its life-science properties, particularly the Long Island City property [2]. Group 1: Lawsuit Details - The lawsuit covers investors who purchased securities from January 27, 2025, to October 27, 2025, claiming the company lacked reliable information about its leasing and occupancy growth [2]. - It is argued that Alexandria's optimistic reports about its development pipeline and occupancy rates were materially misleading, as the value and growth potential of its LIC property had been declining for years [2]. Group 2: Financial Performance - On October 27, 2025, Alexandria reported Q3 2025 financial results that did not meet analyst expectations, showing a 7% decline in adjusted funds from operations and lower revenues [3]. - The financial results were attributed to lower occupancy rates, slower leasing activity, and a significant real estate impairment charge of $323.9 million, with $206 million related to the LIC property [3]. - Following the earnings report, Alexandria's share price dropped by $14.93, approximately 19.17%, from $77.87 to $62.94 [3].
Klarna Group plc INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (KLAR)
Globenewswire· 2025-12-04 23:00
Core Viewpoint - Klarna Group plc is under investigation for potential violations of federal securities laws and unlawful business practices following disappointing Q3 2025 financial results that led to a significant drop in share price [1][3]. Group 1: Company Overview - Klarna launched its IPO in September 2025, selling 34,311,274 shares at a price of $40.00 per share [3]. - The company reported a substantial increase in the provision for credit losses in its Q3 2025 financial results [3]. Group 2: Financial Impact - Following the announcement of Q3 results, Klarna's share price fell by $3.25, or approximately 9.3%, from $34.88 on November 17, 2025, to close at $31.63 on November 18, 2025 [3].
DEFT: Kirby McInerney LLP Advises DeFi Technologies Investors of Class Action Lawsuit
Globenewswire· 2025-12-04 23:00
Core Viewpoint - The lawsuit against DeFi Technologies alleges securities fraud, claiming that the company misled investors regarding its operational challenges and financial performance during the specified class period [3]. Summary by Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased DeFi securities from May 12, 2025, to November 14, 2025, alleging that the company made false statements and failed to disclose critical operational issues [3]. - Key allegations include delays in executing the DeFi arbitrage strategy, underestimating competition from digital asset treasury companies, and the likelihood of not meeting revenue guidance for fiscal year 2025 [3]. Financial Performance - On November 6, 2025, DeFi reported that "DATs have absorbed or delayed a significant share of arbitrage opportunities," leading to a share price decline of approximately 7.43%, from $1.75 to $1.62 [4]. - On November 14, 2025, DeFi announced a nearly 20% revenue decline, significantly lowering its 2025 revenue forecast from $218.6 million to approximately $116.6 million, attributing this to delays in executing arbitrage opportunities [5]. - Following the financial results announcement, DeFi's share price fell by approximately 14.63%, from $1.23 to $1.05 [5].
FLY DEADLINE ALERT: Firefly Aerospace Inc. Investors Urged to Contact Kirby McInerney LLP About Class Action Lawsuit
Globenewswire· 2025-12-03 23:00
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Firefly Aerospace Inc. (“Firefly” or the “Company”) (NASDAQ:FLY) investors of the January 12, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. If you purchased or otherwise acquired Firefly securities, have information, or would like to learn more, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or ...
Kirby Corporation (KEX) Fell Due to Softened Inland Barge Utilization
Yahoo Finance· 2025-12-03 12:37
Group 1: Market Overview - The Russell Midcap Index experienced positive returns in Q3 2025, driven by strong corporate earnings, ongoing momentum in AI infrastructure, and expectations regarding the U.S. Federal Reserve's interest rates [1] Group 2: Company Analysis - Kirby Corporation - Kirby Corporation (NYSE:KEX) is a domestic tank barge operator in the U.S., with a one-month return of 6.77% and a 52-week loss of 6.26%, closing at $113.44 per share on December 02, 2025, with a market capitalization of $6.33 billion [2] - Kirby Corporation operates in two segments: marine transportation and distribution/services, with recent underperformance attributed to softened inland barge utilization, weakened demand for transported volumes, and cyclical pressures in energy, chemical, and industrial markets [3] - The company faces challenges as its largest chemical customers may remain economically pressured, impacting inland barge pricing [3] Group 3: Investment Sentiment - Kirby Corporation is not among the 30 most popular stocks among hedge funds, with 46 hedge fund portfolios holding its stock at the end of Q3 2025, up from 40 in the previous quarter [4] - While Kirby Corporation has investment potential, certain AI stocks are viewed as offering greater upside potential and lower downside risk [4]
Should You Be Confident in Kirby Corporation (KEX)?
Yahoo Finance· 2025-12-03 12:33
Core Insights - The Meridian Small Cap Growth Fund reported a strong performance in Q3 2025, driven by gains in technology and falling bond yields, with U.S. small caps outperforming large caps [1] - The fund returned 4.20% (net) in Q3 2025, underperforming the Russell 2000 Growth Index, which returned 12.19% [1] Fund Performance - U.S. small caps gained 12.4% in Q3 2025, while large caps returned 5.3% [1] - Among small caps, value stocks returned 12.6%, slightly outperforming growth stocks at 12.2% [1] Company Focus: Kirby Corporation - Kirby Corporation (NYSE:KEX) is highlighted as a significant holding, being the largest inland marine transportation provider in the U.S. [3] - Kirby's one-month return was 6.77%, but it experienced a 6.26% decline over the last 52 weeks, closing at $113.44 per share with a market capitalization of $6.33 billion [2][3] Investment Rationale for Kirby Corporation - The company has a strong track record of profitability and consistent free cash flow, with a transportation network more than twice the size of its nearest competitor [3] - Despite recent challenges due to softened barge utilization and pricing pressures, the fund remains confident in Kirby's supply-demand dynamics and growth potential, leading to an increase in their position during the period [3] Hedge Fund Interest - Kirby Corporation was held by 46 hedge fund portfolios at the end of Q3 2025, an increase from 40 in the previous quarter [4] - While Kirby is recognized for its potential, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]
DEFT ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of DeFi Technologies Investors
Businesswire· 2025-12-02 23:00
Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies on behalf of investors who acquired its securities during the specified class period, alleging misleading statements and failure to disclose critical business challenges [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver [2]. - It is alleged that the company understated the competition from other digital asset treasury companies, impacting its ability to execute its strategy [2]. - The lawsuit also states that DeFi was unlikely to meet its previously issued revenue guidance for fiscal year 2025 due to these issues [2]. Financial Impact - On November 6, 2025, DeFi reported a decline in share price by approximately 7.43%, dropping from $1.75 to $1.62 following a press release about arbitrage trade delays [3]. - On November 14, 2025, DeFi announced a nearly 20% revenue decline, significantly lowering its 2025 revenue forecast from $218.6 million to approximately $116.6 million, attributing this to delays in executing arbitrage opportunities [4]. - Following this announcement, DeFi's share price fell by approximately 14.63%, from $1.23 to $1.05 [4]. Investor Actions - Investors who suffered losses on their DeFi investments have until January 20, 2026, to request lead plaintiff appointment in the class action lawsuit [2][5]. - The lead plaintiff appointment process allows investors with the largest financial loss to represent the class, influencing case strategy and settlement decisions [5].
FLY ALERT: Kirby McInerney LLP Reminds Firefly Aerospace Investors of Important Deadline in Class Action Lawsuit
Businesswire· 2025-11-27 01:00
Core Points - A class action lawsuit has been initiated against Firefly Aerospace (NASDAQ: FLY) for securities fraud, allowing affected investors to seek legal recourse [1] - Investors have until January 12, 2026, to request the Court to appoint them as lead plaintiff in the lawsuit [1] Company Summary - Firefly Aerospace is currently facing legal challenges related to alleged securities fraud, which may impact its reputation and investor confidence [1] - The lawsuit provides an opportunity for investors who have suffered losses to potentially recover damages through legal proceedings [1]
ARE ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Alexandria Real Estate Equities Investors
Businesswire· 2025-11-26 23:00
Core Viewpoint - A class action lawsuit has been filed against Alexandria Real Estate Equities, Inc. on behalf of investors who acquired its securities during the specified class period from January 27, 2025, to October 27, 2025 [1] Summary by Relevant Sections - **Company Information** - Alexandria Real Estate Equities, Inc. is identified as a publicly traded company on the NYSE under the ticker symbol ARE [1] - **Legal Action Details** - The law firm Kirby McInerney LLP is representing the investors in the class action lawsuit [1] - Investors who suffered losses on their Alexandria investments have until January 26, 2026, to request lead plaintiff appointment [1]
STUB ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of StubHub Holdings, Inc. Investors
Businesswire· 2025-11-26 01:00
Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. by Kirby McInerney LLP on behalf of investors who acquired StubHub securities during its September 2025 IPO, alleging that the company failed to disclose significant financial issues that misled investors [1][2]. Summary by Sections Lawsuit Details - The lawsuit claims that StubHub did not disclose changes in payment timing to vendors, which adversely affected free cash flow, leading to materially misleading financial reports and IPO offering documents [2]. - Investors who suffered losses have until January 23, 2026, to request lead plaintiff appointment [2]. Financial Impact - StubHub reported a negative free cash flow of $4.6 million for Q3 2025, a 143% decrease from the previous year's positive free cash flow of $10.6 million [3]. - Following this earnings report, StubHub's stock price dropped by $3.95, or approximately 21.0%, from $18.82 to $14.87 per share [3]. - By November 24, 2025, StubHub's stock price fell to $12.01, nearly 50% below its IPO price of $23.50 per share [4].