Core Viewpoint - The Bancorp, Inc. is facing a class action lawsuit due to allegations of misrepresentation regarding the risks associated with its real estate bridge loans, leading to significant stock price declines and investor losses [1][3][7]. Group 1: Allegations and Financial Impact - Culper Research released a report on March 21, 2024, claiming that Bancorp understated risks of default and losses related to its real estate bridge loans, highlighting a portfolio filled with high-risk borrowers and properties in poor condition [3]. - Following the report, Bancorp's stock price dropped by $3.63 (10.15%) to close at $32.12 per share on March 21, 2024, amid heavy trading [4]. - On October 24, 2024, Bancorp reported Q3 2024 earnings of $51.5 million in net income, but attributed part of this to adjustments in credit loss provisions, which reduced net income by $1.5 million after taxes [5]. - The stock price fell by $7.95 (14.47%) to $47.01 per share on October 25, 2024, following the earnings report [6]. Group 2: Regulatory and Financial Reporting Issues - On March 4, 2025, Bancorp announced that its financial statements for 2022-2024 "should no longer be relied upon," indicating issues with auditor approval and the need for an internal review of loan accounting [7]. - The stock price declined by $2.34 (4.38%) to close at $51.25 per share on March 5, 2025, after this announcement [8].

Core Viewpoint - enCore Energy Corp. is facing a class action lawsuit due to allegations of misleading statements and inadequate internal controls over financial reporting, leading to significant net losses that were not previously disclosed [3][4]. Group 1: Class Action Details - The class action lawsuit represents investors who purchased enCore securities between March 28, 2024, and March 2, 2025, with a deadline of May 13, 2025, for filing a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights [2]. Group 2: Allegations Against enCore Energy - The lawsuit claims that enCore Energy lacked effective internal controls over financial reporting and failed to capitalize certain exploratory and development costs according to U.S. GAAP [3]. - enCore Energy reported a net loss of $61.3 million for fiscal 2024, more than double the $25.6 million loss from the previous fiscal year, attributing part of this increase to the inability to capitalize certain costs under U.S. GAAP [4]. - Following the financial disclosures, enCore Energy's stock price fell by over 46% [4].

Group 1: Stock Performance - Palantir Technologies Inc. (PLTR) closed at $114.70, reflecting a +1.71% change from the previous trading day's close, outperforming the S&P 500's daily gain of 0.06% [1] - Over the past month, shares of Palantir have gained 31.37%, while the Computer and Technology sector and the S&P 500 have lost 5.52% and 4.29%, respectively [1] Group 2: Upcoming Financial Results - Palantir is set to announce its earnings on May 5, 2025, with projected EPS of $0.13, indicating a 62.5% increase compared to the same quarter of the previous year [2] - The consensus estimate for revenue is $862.89 million, up 36.03% from the prior-year quarter [2] Group 3: Full Year Estimates - For the full year, analysts expect earnings of $0.55 per share and revenue of $3.77 billion, marking changes of +34.15% and +31.62%, respectively, from last year [3] Group 4: Analyst Estimates and Rankings - Recent changes to analyst estimates for Palantir reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Palantir at 5 (Strong Sell), with a 1.37% downward shift in the consensus EPS estimate over the past month [6] Group 5: Valuation Metrics - Palantir's Forward P/E ratio stands at 204.31, significantly higher than the industry's average Forward P/E of 26.08 [7] - The company has a PEG ratio of 6.51, compared to the Internet - Software industry's average PEG ratio of 2.19 [8] Group 6: Industry Context - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 90, placing it in the top 37% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]

Alibaba (BABA) closed the most recent trading day at $118.37, moving -1.59% from the previous trading session. This change lagged the S&P 500's daily gain of 0.06%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq lost 0.1%.The online retailer's stock has dropped by 9.17% in the past month, falling short of the Retail-Wholesale sector's loss of 2.65% and the S&P 500's loss of 4.29%.Analysts and investors alike will be keeping a close eye on the performance of Alibaba in its upcoming earnings ...

Advanced Micro Devices (AMD) ended the recent trading session at $96.39, demonstrating a -0.26% swing from the preceding day's closing price. This change lagged the S&P 500's 0.06% gain on the day. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.1%.Prior to today's trading, shares of the chipmaker had lost 6.37% over the past month. This has lagged the Computer and Technology sector's loss of 5.52% and the S&P 500's loss of 4.29% in that time.The investment community will be clos ...

GameStop (GME) ended the recent trading session at $27.59, demonstrating a +0.47% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.1%.Coming into today, shares of the video game retailer had gained 26.37% in the past month. In that same time, the Consumer Discretionary sector lost 4.33%, while the S&P 500 lost 4.29%.Analysts and investors alike will be keeping a close ...

In the latest trading session, Zscaler (ZS) closed at $219.86, marking a +1.99% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.06%. Elsewhere, the Dow gained 0.28%, while the tech-heavy Nasdaq lost 0.1%.Prior to today's trading, shares of the cloud-based information security provider had gained 4.07% over the past month. This has outpaced the Computer and Technology sector's loss of 5.52% and the S&P 500's loss of 4.29% in that time.The upcoming earnings release o ...

COPT Defense (CDP) came out with quarterly funds from operations (FFO) of $0.65 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.62 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust specializing in suburban office properties would post FFO of $0.66 per share when it actually produced FFO of $0.65, delivering a surprise of -1.52%.Over the last four quarters, the company has surpassed c ...

LOS ANGELES, April 28, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ready Capital Corporation ("Ready Capital" or the "Company") (NYSE: RC) investors of a class action representing investors that bought securities between November 7, 2024 and March 2, 2025, inclusive (the "Class Period"). Ready Capital investors have until May 5, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss the ...

NEW YORK, April 28, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Avis Budget Group, Inc. ("Avis Budget" or the "Company") (NASDAQ: CAR) and certain officers.  The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv-03332 , is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Avis Budget securities between February 16, 2024 and Fe ...