Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ardelyx and Symbotic and Encourages Investors to Contact the Firm

Group 1: Ardelyx, Inc. (NASDAQ: ARDX) - Class actions have been initiated on behalf of stockholders of Ardelyx, with a class period from October 31, 2023, to July 1, 2024 [1] - The complaint alleges that Ardelyx indicated its intent to apply for XPHOZAH inclusion in TDAPA in its Forms 10-Q and 10-K, but later disclosed on July 2, 2024, that it would not proceed with the application [1] - Following this announcement, Ardelyx's stock price fell by $2.29 per share, or 30.25%, closing at $5.28 per share on July 2, 2024 [2] Group 2: Symbotic Inc. (NASDAQ: SYM) - Class actions have also been initiated on behalf of stockholders of Symbotic, with a class period from May 6, 2024, to July 29, 2024 [1] - On July 29, 2024, Symbotic announced its 3Q24 financial results and lowered its revenue guidance for the fourth quarter and full fiscal year 2024, citing schedule growth and higher labor costs [2] - Following the announcement, Symbotic's stock opened at $26.36 per share, approximately 25% lower than the previous day's close of $35.63 per share [2]