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Information Technology : Technology Hardware, Storage & Peripherals | Large Cap Growth
Company profile

Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. The Company’s products include iPhone, Mac, iPad, and Wearables, Home and Accessories. iPhone is the Company’s line of smartphones based on its iOS operating system. Mac is the Company’s line of personal computers based on its macOS operating system. iPad is the Company’s line of multi-purpose tablets based on its iPadOS operating system. Wearables, Home and Accessories includes AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and other Apple-branded and third-party accessories. AirPods are the Company’s wireless headphones that interact with Siri. Apple Watch is the Company’s line of smart watches. Its services include Advertising, AppleCare, Cloud Services, Digital Content and Payment Services. Its customers are primarily in the consumer, small and mid-sized business, education, enterprise and government markets.

Price
Delayed
$152.36
Day's Change
3.51 (2.36%)
Bid
--
Ask
--
B/A Size
--
Day's High
153.17
Day's Low
149.72
Volume
(Above Average)

Today's volume of 70,388,278 shares is on pace to be greater than AAPL's 10-day average volume of 64,624,760 shares.

70,388,278

SLQT ALERT - Nationally Ranked Shareholder Rights Firm Labaton Sucharow is Investigating SelectQuote, Inc. (NYSE:SLQT) for Potential Securities Violations and Breach of Fiduciary Duty

8:01 pm ET September 15, 2021 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / September 15, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against SelectQuote, Inc. (NYSE:SLQT).

Image: https://www.accesswire.com/users/newswire/images/587159/Blue-Box-Logo.jpg

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.

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') are hereby notified that they have until October 15, 2021 to move the Court to serve as lead plaintiff in this action.

If you currently own stock or options in SelectQuote, Inc. and suffered a loss, click here to participate.

If you want to receive additional information and protect your investments free of charge, please contact David J. Schwartz using the toll-free number (800) 321-0476 or via email at david@labaton.com.

About the Firm

Labaton Sucharow LLP is one of the world's leading complex litigation firms representing clients in securities, antitrust, corporate governance and shareholder rights, and consumer cybersecurity and data privacy litigation. Labaton Sucharow has been recognized for its excellence by the courts and peers, and it is consistently ranked in leading industry publications. Offices are located in New York, NY, Wilmington, DE, and Washington, D.C. More information about Labaton Sucharow is available at Labaton.com.

CONTACT:

David J. Schwartz

(800) 321-0476

david@labaton.com

SOURCE: Labaton Sucharow LLP

View source version on accesswire.com:

https://www.accesswire.com/664294/SLQT-ALERT--Nationally-Ranked-Shareholder-Rights-Firm-Labaton-Sucharow-is-Investigating-SelectQuote-Inc-NYSESLQT-for-Potential-Securities-Violations-and-Breach-of-Fiduciary-Duty

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COMTEX_393410706/2457/2021-09-15T20:01:16

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