Banco Bilbao Vizcaya Argentaria SA
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Financials : Banks | Large Cap Value
Based in Spain
Company profile

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a Spain - based bank. It is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments are: Spain, the United States, Turkey, Mexico, South America and Rest of Eurasia. The activities in Spain are banking activity and Insurance. In the United States it offers services through, BBVA USA and the BBVA New York branch. The Turkey segment is represented by the group Garanti BBVA, an integrated financial services group, that also operate in Holland and Romania. The Mexico segment activities include banking and insurance businesses. In South America, it provides banking and insurance businesses. The Rest of Eurasia segment includes business activity in the rest of Europe and Asia

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$7.40
Day's Change
0.02 (0.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
7.49
Day's Low
7.37
Volume
(Heavy Day)
Volume:
1,828,905

10-day average volume:
1,291,719
1,828,905

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Olo Inc. (OLO)

2:28 pm ET November 22, 2022 (BusinessWire) Print

The Law Offices of Frank R. Cruz reminds investors of the upcoming November 28, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Olo Inc. ("Olo" or the "Company") (NYSE: OLO) Class A common stock between August 11, 2021 and August 11, 2022, inclusive (the "Class Period").

If you are a shareholder who suffered a loss, click here to participate.

On February 12, 2020, Olo announced its partnership with Subway restaurants to allow Subway's network of more than 20,000 U.S. restaurants to handle digital orders from third-party marketplaces.

On August 11, 2022, Olo released its second quarter 2022 financial results, disclosing that it was in the process of losing its business from Subway, and that it had already lost about 2,500 Subway locations during the second quarter, and that the remaining 15,000 Subway locations would be removed from the Company's active locations count in forthcoming quarters.

On this news, Olo's stock price fell $4.73, or 36.4%, to close at $8.26 per share on August 12, 2022, thereby injuring investors.

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 failed to disclose to investors that: (1) Subway was ending its contract with Olo; (2) Olo's key business metric - active locations - could not continue to grow as Defendants touted due to the loss of Subway's business; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased or otherwise acquired Olo Class A common stock during the Class Period, you may move the Court no later than November 28, 2022 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221122005814/en/

SOURCE: The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com 
www.frankcruzlaw.com
comtex tracking

COMTEX_419492784/1006/2022-11-22T14:28:00

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