Apple just paid $490 million for CEO misstatements on an earnings call
https://www.yahoo.com/tech/apple-reaches-490-million-settlement-122654288.html
I wonder how much Teradata is going to have to pay?
https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-teradata-corporation---tdc-302063405.html
The investigation concerns whether Teradata and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
https://pomlaw.com/learn-more-form?company=TDC
On February 12, 2024, Teradata announced its fourth quarter and full year 2023 financial results, revealing that the Company ended the year below its 2023 outlook for cloud and total annual recurring revenue, which the Company primarily attributed "to timing issues."
On this news, Teradata's stock price fell $10.57 per share, or 21.66%, to close at $38.22 per share on February 13, 2024.