Market Overview

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Dycom Industries, Inc. To Contact The Firm


Faruqi & Faruqi, LLP, a leading national securities law firm, reminds
investors in Dycom Industries, Inc. ("Dycom" or the "Company") (NYSE:DY)
of the December 24, 2018 deadline to seek the role of lead plaintiff in
a federal securities class action that has been filed against the

If you invested in Dycom stock or options between November 20, 2017
and August 10, 2018
and would like to discuss your legal rights, click
There is no cost or obligation to you.

You can also contact us by calling Richard Gonnello toll free at
or at 212-983-9330 or by sending an e-mail to

The lawsuit has been filed in the U.S. District Court for the Southern
District of Florida on behalf of all those who purchased Dycom common
stock between November 20, 2017 and August 10, 2018 (the "Class
Period"). The case, Tung v. Dycom Industries, Inc. et al, No.
18-cv-81448 was filed on October 25, 2018, and has been assigned to
Judge Robin L. Rosenberg.

The lawsuit focuses on whether the Company and its executives violated
federal securities laws by failing to disclose that: (1) Dycom's large
projects were highly dependent on permitting and tactical
considerations, (2) Dycom was facing great uncertainties related to
permitting issues; (3) said uncertainties would expose Dycom to
near-term margin pressure and absorption issues; and (4) as a result of
the foregoing, Defendants' statements about Dycom's business,
operations, and prospects, were false and misleading and/or lacked a
reasonable basis.

Specifically, on May 22, 2018, before the market open, Dycom issued a
press release announcing the Company's financial and operating results
for the first fiscal quarter ended April 28, 2018 and revising the
guidance for the fiscal year 2019. The revision was explained during a
conference call later that day and was pinned to, among other things,
uncertainties regarding permitting issues, pressure on margins, and
"under-absorption of labor and field costs."

On this news, the Company's stock price fell from $116.20 per share on
May 21, 2018 to $92.64 per share on May 22, 2018—a $23.56 or 20.28% drop.

Then, on August 13, 2018, before the market open, Dycom issued a press
release revising the Company's guidance for the financial and operating
results for the second fiscal quarter and six months ended July 28, 2018
and announcing preliminary revenues and results for the second quarter
below the previous guidance.

On this news, the Company's stock price fell from $89.71 per share on
August 10, 2018 to $68.09 per share on August 13, 2018—a $21.62 or
24.10% drop.

The court-appointed lead plaintiff is the investor with the largest
financial interest in the relief sought by the class who is adequate and
typical of class members who directs and oversees the litigation on
behalf of the putative class. Any member of the putative class may move
the Court to serve as lead plaintiff through counsel of their choice, or
may choose to do nothing and remain an absent class member. Your ability
to share in any recovery is not affected by the decision to serve as a
lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding
Dycom's conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is
Faruqi & Faruqi, LLP (
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We welcome the opportunity to discuss your
particular case. All communications will be treated in a confidential

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