ATLANTA, April 10, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Amplitude, Inc. ("Amplitude" or the "Company") (NASDAQ:AMPL). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information, including allegations that: (a) Amplitude's land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; (b) the rapid acceleration in the Company's 2Q21 results resulted from the ephemeral effects of the COVID-19 pandemic which had not continued by the start of the Class Period, as Amplitude clients were expanding at a ...
AMPL) – Nationally Ranked Investors' Rights Firm Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com