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ROSEN, SKILLED INVESTOR COUNSEL, Encourages NET Power Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NPWR, NPWR.WS
GlobeNewswire News Room· 2025-04-23 19:11
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of NET Power Inc. (NYSE: NPWR, NPWR.WS) between June 9, 2023 and March 7, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2025. SO WHAT: If you purchased NET Power securities during the Clas ...
NET Power Inc. Investor Notice: Robbins LLP Reminds Investors of the Securities Fraud Class Action Filed Against NPWR
GlobeNewswire News Room· 2025-04-23 18:49
SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired NET Power Inc. (NYSE: NPWR) securities between June 9, 2023 and March 7, 2025. NET Power is a clean energy technology company. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that NET Power Inc. (NPWR) Misled In ...
NET POWER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against NET Power Inc. - NPWR
GlobeNewswire News Room· 2025-04-23 02:37
Core Viewpoint - NET Power Inc. is facing a securities class action lawsuit for failing to disclose material information during the class period, which has led to significant financial implications for the company and its investors [3]. Company Information - NET Power Inc. trades on the NYSE under the ticker NPWR and is currently involved in a class action lawsuit that requires investors who purchased securities between June 9, 2023, and March 7, 2025, to file lead plaintiff applications by June 17, 2025 [1][2]. Financial Results - On March 10, 2025, NET Power announced its financial results for Q4 and the full fiscal year 2024, revealing that the estimated total installed cost for Project Permian has increased to between $1.7 billion and $2.0 billion, up from a previous estimate of $1.1 billion [4]. - The timeline for Project Permian has also been significantly delayed, with expectations for it to come online no earlier than 2029, compared to the earlier estimate of the second half of 2027 to the first half of 2028 [4]. Market Reaction - Following the announcement of the increased costs and delays, NET Power's share price dropped by $2.18, or 31.46%, closing at $4.75 per share on March 10, 2025 [5].
NET Power Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. June 17, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-22 22:12
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, April 22, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises NET Power Inc. ("NET Power " or the "Company") (NASDAQ: APLT) investors of a class action representing investors that bought securities between June 9, 2023 and March 7, 2025, inclusive (the "Class Period"). NET Power investors have until June 17, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Port ...
NET POWER ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against NET Power, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-22 01:00
Core Viewpoint - A class action lawsuit has been filed against NET Power, Inc. for allegedly making false and misleading statements regarding its business operations and the completion of its Project Permian [1][4]. Company Overview - NET Power, Inc. is a clean energy technology company focused on its "Net Power Cycle" technology, which aims to generate reliable and affordable electricity from natural gas while capturing nearly all emissions [3]. - The company operates a demonstration facility in La Porte, Texas, to validate its technology and is developing its first utility-scale plant, Project Permian, located in the Permian Basin of West Texas [3]. - The estimated cost for Project Permian has increased from approximately $950 million in 2023 to $1.1 billion in 2024, with expectations for the project to be operational by 2026 [3]. Legal Allegations - The lawsuit claims that throughout the class period, NET Power's management made materially false and misleading statements about the company's operations and prospects, particularly regarding the completion timeline and costs of Project Permian [4]. - Allegations include that the company was unlikely to complete Project Permian on schedule and that the project would incur significantly higher costs due to supply chain issues and other challenges [4]. - The complaint asserts that these misrepresentations had a substantial negative impact on the company's business and financial results [4].
Shareholder Alert: Robbins LLP Informs Investors of the NET Power Inc. Class Action Lawsuit
Prnewswire· 2025-04-21 21:49
Group 1 - A class action has been filed against NET Power Inc. on behalf of investors who purchased securities between June 9, 2023, and March 7, 2025 [1] - The allegations include that NET Power misled investors about the timeline and costs associated with Project Permian, indicating that the project would be delayed and more expensive than previously stated due to supply chain issues and other challenges [2] - Following the announcement of third quarter 2023 results, NET Power's stock fell over 18% after revealing a 12-month delay in the expected schedule for Project Permian [3] Group 2 - On March 10, 2025, NET Power disclosed that the total installed cost for Project Permian is now estimated to be between $1.7 billion and $2.0 billion, significantly higher than the previous estimate of $1.1 billion, and announced a delay in the project's timeline to no earlier than 2029 [4] - The company reported a decrease in cash and cash equivalents from $580 million to $533 million, primarily due to operating cash outflows and capital expenditures [4] - Following the fourth quarter and full year 2024 results announcement, NET Power's stock price fell over 31% to close at $4.75 per share [4]
Pomerantz Law Firm Announces the Filing of a Class Action Against NET Power Inc. and Certain Officers – NPWR
GlobeNewswire News Room· 2025-04-21 20:16
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against NET Power Inc. ("Net Power" or the "Company") (NYSE:NPWR) and certain officers. The class action, filed in the United States District Court for the Middle District of North Carolina, and docketed under 25-cv-00296, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Net Power securities between June 9, 2023 and March 7, ...
Cloudflare Stock Analysis: Buy, Hold, or Sell?
The Motley Fool· 2025-04-18 15:57
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cloudflare. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Down 39% From Its Recent Highs, Is This Artificial Intelligence (AI) Stock Finally a Buy?
The Motley Fool· 2025-04-18 10:41
Core Viewpoint - Cloudflare's stock has experienced significant volatility, dropping 39% after a strong start in 2025, despite solid fourth-quarter results and growth prospects driven by AI offerings [1][2][5]. Financial Performance - Cloudflare reported $1.67 billion in revenue for 2024, marking a 29% increase year-over-year, but this is relatively small compared to its projected total addressable market (TAM) of $222 billion by 2027 [6]. - The company's remaining performance obligations (RPO) increased by 36% year-over-year in Q4 2024, indicating a strong pipeline of future revenue [7][8]. Valuation Metrics - Cloudflare's stock is currently trading at 22 times sales and 131 times forward earnings, which are higher than its ratios at the end of 2024, suggesting that the stock has become more expensive [4][5]. Market Opportunities - The company is capitalizing on the growing demand for cloud-based AI infrastructure, offering access to Nvidia's GPUs for training large language models without the need for significant hardware investment [9][10]. - Cloudflare's recent launch of the Cloudflare for AI platform aims to secure AI applications, tapping into a rapidly growing market for AI trust, risk, and security management, which could exceed $16 billion in annual revenue over the next decade [11][12]. Future Growth Potential - Analysts forecast a pickup in Cloudflare's earnings growth in 2026 and 2027, driven by the favorable growth drivers discussed [12][13].
MYT Netherlands Parent B.V. (“Mytheresa”) receives final regulatory clearance to acquire YOOX NET-A-PORTER (“YNAP”) from Richemont, with closing planned for 23 April 2025
GlobeNewswire News Room· 2025-04-11 13:33
MYT Netherlands Parent B.V. (“Mytheresa”) receives final regulatory clearanceto acquire YOOX NET-A-PORTER (“YNAP”) from Richemont, with closing planned for 23 April 2025  11 April 2025 – Today, Mytheresa (NYSE:MYTE) received the unconditional merger control clearance from the European Commission for the acquisition of YNAP from Richemont (SWX:CFR), through its subsidiary Richemont Italia Holding S.P.A.. Mytheresa and Richemont have now received all other necessary approvals from regulatory authorities and p ...