Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Navan, Inc. and its officers or directors [1] Group 1: Company Overview - Navan, Inc. conducted its initial public offering (IPO) on October 30, 2025, selling approximately 3.9 million shares at a price of $25.00 per share [2] - The company reported a GAAP loss from operations of $79 million for the third quarter of fiscal 2026, a significant increase from a loss of $19 million in the same period the previous year [2] - Following the financial report, Navan announced the immediate resignation of its Chief Financial Officer [2] Group 2: Market Reaction - On December 16, 2025, Navan's stock price dropped by $1.74 per share, or 11.9%, closing at $12.90 per share [3]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Navan, Inc. - NAVN