Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  InnerWorkings, Inc.    INWK

INNERWORKINGS, INC.

(INWK)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

INWK LOSS NOTICE: ROSEN, NATIONAL TRIAL LAWYERS, Announces Investigation of Securities Claims Against InnerWorkings, Inc. – INWK

share with twitter share with LinkedIn share with facebook
share via e-mail
03/17/2020 | 05:06pm EDT

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of InnerWorkings, Inc. (NASDAQ: INWK), resulting from allegations that InnerWorkings may have issued materially misleading business information to the investing public.

On March 16, 2020, InnerWorkings issued a press release which provided, among other things, a quote from the Company’s Chief Financial Officer, stating, in relevant part, that “[a]s a result of the material weaknesses previously disclosed, insufficient evidence existed to support the recognition of revenue in arrangements containing bill and hold provisions. Therefore, we deferred the related revenue until product shipped from our warehouse.”

On this news, InnerWorkings’ stock price fell $0.36 per share, or over 17%, to close at $1.68 per share on March 17, 2020.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by InnerWorkings investors. If you purchased shares of InnerWorkings please visit the firm’s website at http://www.rosenlegal.com/cases-register-1815.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.


© Business Wire 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on INNERWORKINGS, INC.
05/14INNERWORKINGS : Reports Preliminary Select First Quarter Results; Gross profit i..
AQ
05/13INNERWORKINGS INC : Results of Operations and Financial Condition, Financial Sta..
AQ
05/13INNERWORKINGS : Reports Preliminary Select First Quarter Results
BU
05/11INNERWORKINGS INC : Other Events (form 8-K)
AQ
04/12Pomerantz Law Firm Investigates Claims On Behalf of Investors of InnerWorking..
PR
03/27THE LAW OFFICES OF FRANK R. CRUZ : Continues Its Investigation on Behalf of Inne..
BU
03/26Law Offices of Howard G. Smith Continues Investigation of InnerWorkings, Inc...
BU
03/24GLANCY PRONGAY & MURRAY LLP : a Leading Securities Fraud Law Firm, Continues Inv..
BU
03/23INNERWORKINGS ALERT : Bragar Eagel & Squire, P.C. is Investigating InnerWorkings..
BU
03/18THE LAW OFFICES OF FRANK R. CRUZ : Announces Investigation on Behalf of InnerWor..
BU
More news
Financials (USD)
Sales 2020 1 062 M - -
Net income 2020 -3,78 M - -
Net Debt 2020 - - -
P/E ratio 2020 -16,9x
Yield 2020 -
Capitalization 59,2 M 59,2 M -
EV / Sales 2019
Capi. / Sales 2020 0,06x
Nbr of Employees 2 100
Free-Float 62,9%
Chart INNERWORKINGS, INC.
Duration : Period :
InnerWorkings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INNERWORKINGS, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 3,50 $
Last Close Price 1,13 $
Spread / Highest target 298%
Spread / Average Target 210%
Spread / Lowest Target 165%
EPS Revisions
Managers
NameTitle
Richard S. Stoddart President, Chief Executive Officer & Director
Jack M. Greenberg Chairman
Donald W. Pearson Chief Financial Officer & Executive Vice President
Adan K. Pope Chief Technology Officer
Charles Kellogg Bobrinskoy Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
INNERWORKINGS, INC.-78.95%59
OMNICOM GROUP., INC.-31.79%11 841
WPP GROUP-38.28%9 987
PUBLICIS GROUPE-29.41%7 524
THE INTERPUBLIC GROUP OF COMPANIES, INC.-24.03%6 838
CYBERAGENT, INC.41.81%6 284