Score Media and Gaming, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
Score conducted its initial public offering on or around February 25, 2021, selling 6 million shares of Class A stock priced at $27.00 per share. Then, on July 13, 2021, post-market, Score reported its financial results for its third fiscal quarter of 2021. Score reported GAAP earnings per share of -$0.78, missing consensus estimates by $0.48, among other results. Score also reported an EBITDA loss of $21.1 million, in comparison with a loss of $8.7 million for the same period in the prior year, citing “primarily . . . additional expenses incurred in connection with the ongoing expansion of the Company’s gaming operations as well as costs and professional service fees related to the recently completed U.S. initial public offering.”
On July 14, 2021, Score’s stock price fell $1.75 per share, or 9.86%, on this news, to close at $15.99 per share on July 14, 2021.
