Bragar Eagel & Squire, P.C. Is Investigating Granite Construction and Uber on Behalf of Stockholders and Encourages Investors to Contact the Firm

NEW YORK, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against Granite Construction, Inc. GVA and Uber Technologies, Inc. UBER on behalf of investors. Our investigation concerns whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.

Granite Construction, Inc. GVA

On July 29, 2019, Granite announced its preliminary financial results for the second quarter of 2019.  The company disclosed a net loss per diluted share in the range of $2.05 to $2.10 for the quarter. Revising its fiscal year 2019 guidance, Granite stated that its results were impacted by non-cash charges related to four legacy, unconsolidated heavy civil joint venture projects.

On this news, Granite's stock price fell $7.98 per share, or 17.94%, to close at $36.49 per share on July 30, 2019.

For more information on our investigation into Granite Construction, go to: https://bespc.com/GVA

Uber Technologies, Inc. UBER

On or about May 10, 2019, Uber announced the pricing of its initial public offering ("IPO") at $45.00 per share.  Three months later, Uber reported a significant earnings miss, losing $5.24 billion in one quarter, and reporting revenue of $2.87 billion, against analyst expectations of $3.05 billion.

For more information on our investigation into Uber, go to: https://bespc.com/uber

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation.  For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes. 

Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com