GlobeNewsWire
23 Sept 2026, 01:32 UTC · 1h ago
Verdict
Headline takes no side. We score SMAR −0.80 across two claims — strongly bearish.
−0.80strongly bearish
More negative than 86% of ticker scores this week
What the story claims
2 claims · scored −1 bearish … +1 bullish · 1 new · 1 priced in
A securities class action lawsuit alleges Smartsheet repurchased stock at market prices while concealing acquisition offers of $56.25 and $56.50 per share.
Priced inmentions merger closed Jan 2025
So whatThe average share price of $46.45 during the class period implies a potential damages claim of ~$10 per share for affected sellers.
More negative than 78% of claims this week
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5 related stories
Scored by the NIS engine · methodology.
Top 3 movers · tap to explore
The deadline for investors to move the Court to serve as lead plaintiff in the Smartsheet securities litigation is October 5, 2026.
Newpress release dated Sept 22, 2026
More negative than 65% of claims this week
Which stocks this story touches
More negative than 86% of ticker scores this week
The company is facing a securities class action lawsuit alleging it failed to disclose acquisition offers while repurchasing stock.
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GlobeNewsWire
2h ago
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