Recent Security Class Actions

Olo Inc. Class A Common Stock (NYSE: OLO)

1 Day left to seek lead plaintiff status.

Company Name:Olo Inc. Class A Common Stock
Stock Symbol:NYSE: OLO
Class Period Start:08/11/2021
Class Period End (inclusive):08/11/2022
Filing Deadline:11/28/2022

On August 11, 2022, the Company announced disappointing results for 2Q2022, disclosing lowered revenue guidance and a flat active location count due to the loss of 2,500 Subway locations resulting from Subway’s implementation of direct integration with marketplaces, and that the Company expected the remaining Subway locations to also end their contracts by 4Q2022 or 1Q2023, which effects the Company claimed to have incorporated into its guidance months earlier without informing the market. On this news, shares of Olo stock plummeted approximately 36%, from a closing price of $12.99 per share on August 11, 2022, to a closing price of $8.26 per share on August 12, 2022.

Olo Inc. Class A Common Stock (NYSE: OLO) Claim Form

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