Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Did PagerDuty, Inc. (PD) Mislead Investors? Levi & Korsinsky Investigates

accessnewswire.com
PD The article details an investigation into PagerDuty for potential securities law violations following a significant stock price drop after the company lowered its revenue projections due to reduced retention and underestimated headwinds.

NEW YORK, NY / ACCESS Newswire / December 16, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation into PagerDuty, Inc. ("PagerDuty, Inc.") (NYSE:PD) concerning potential violations of the federal securities laws.

On the evening of November 25, 2025, PagerDuty published results for the third quarter of fiscal 2026, disclosing a reduction in dollar-based net retention compared to the prior quarter.

Management resultantly lowered its full-year revenue projections, conceding they had previously "underestimated the current headwinds to retention ... the dollar value of the contraction, driven by seat-based reductions and customer budget caution has been larger than we forecast."

Following this news, PD's stock price fell by $3.54 (23.7%) per share to close at $11.64 per share on November 26, 2025.

If you suffered a loss on your PagerDuty, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212)363-7500

Fax: (212)363-7171

SOURCE: Levi & Korsinsky, LLP