APA Corp (US)
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Energy : Oil, Gas & Consumable Fuels | Mid Cap Value
Company profile

APA Corporation is an energy holding company. The Company operates through its subsidiaries: Apache Corporation and APA Corporation Suriname. It explores for and produces oil and gas. The Company's production segments include in the United States, Egypt's Western Desert and the United Kingdom's North Sea and Suriname. The Company's United States operations and interests are focused in the Permian Basin. The Company also includes assets in the East Texas Eagle Ford/Austin Chalk, the Gulf Coast and the Gulf of Mexico. Egypt includes onshore conventional assets located in Egypt's Western Desert; and the North Sea, which includes offshore assets based in the United Kingdom. Suriname includes offshore exploration activities.

Postmarket

Last Trade
Delayed
$27.08
0.01 (0.04%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$27.07
Day's Change
0.17 (0.63%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
27.18
Day's Low
26.44
Volume
(Average)
Volume:
9,675,848

10-day average volume:
10,049,673
9,675,848

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against SelectQuote, Inc. (SLQT)

12:00 pm ET September 14, 2021 (Globe Newswire) Print

Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming October 15, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SelectQuote, Inc. ("SelectQuote" or "the Company") (NYSE: SLQT) securities between February 8, 2021 and May 11, 2021, inclusive (the "Class Period").

If you suffered a loss on your SelectQuote investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/selectquote-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On May 11, 2021, SelectQuote held a conference call in connection with its third quarter 2021 financial results during which it disclosed that its fourth quarter results would be impacted by a "negative cohort and tail adjustment" due to "lower second-term persistency for the 2019 cohort."

On this news, the Company's share price fell $5.50, or 20%, to close at $21.90 per share on May 12, 2021, on unusually heavy trading volume.

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants made material misrepresentations concerning the following: (1) that SelectQuote's 2019 cohort was underperforming; (2) that, as a result, the Company's financial results would be adversely impacted; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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If you purchased or otherwise acquired SelectQuote securities during the Class Period, you may move the Court no later than October 15, 2021 to request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Glancy Prongay & Murray LLP, Los Angeles

Charles Linehan, 310-201-9150 or 888-773-9224

shareholders@glancylaw.com

www.glancylaw.com

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https://ml.globenewswire.com/media/dca1d463-f40e-41ea-a1d6-f8a47b633445/small/gpm-logo-jpg.jpg

comtex tracking

COMTEX_393323360/2010/2021-09-14T12:00:01

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