During the Class Period, Defendants provided investors with material information concerning Symbotic’s projected earnings outlook and anticipated growth. The Complaint alleges that Defendants' optimistic reports of growth, improvements to gross margin, and overall stability of its ongoing projects fell short of reality and that the Company was not equipped to timely deploy their systems or otherwise appropriately manage its expenses through project delays. Plaintiff brings this action on behalf of a Class, consisting of all those who purchased or otherwise acquired Symbotic's securities during the Class Period and were damaged upon the revelation of the alleged corrective disclosure on July 29, 2024, when Symbotic published their third quarter fiscal year 2024 results.