Zynex, Inc. Investors Face Possible Legal Claims After Stock Plunge
The Law Offices of Howard G. Smith is investigating potential violations of federal securities laws by Zynex, Inc. (“Zynex” or the “Company”) ZYXI on behalf of its investors.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZYNEX, INC. (ZYXI), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.
For inquiries regarding your legal rights, reach out via email at [email protected], by phone at (215) 638-4847, or visit our website at www.howardsmithlaw.com.
Incident Overview
On March 11, 2025, Zynex announced its fourth-quarter and full-year 2024 financial results after market hours. The report indicated a revenue shortfall in the quarter due to slower than usual payments from specific payers. Notably, the company disclosed that Tricare, the healthcare program for uniformed service members, had temporarily suspended payments as it reviews prior claims. This program currently represents approximately 20-25% of Zynex’s annual revenue.
In response to this news, Zynex’s stock plummeted by $3.59, or 51.3%, closing at $3.41 per share on March 12, 2025, resulting in significant losses for its investors.
Contact Information for Participation or Inquiries:
If you purchased Zynex securities and have relevant information, wish to learn more about these claims, or have questions regarding this announcement or your rights, please contact:
Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, Pennsylvania 19020
Telephone: (215) 638-4847
Email: [email protected]
Visit our website at: www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250313467598/en/
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com
Momentum4.37
Growth79.38
Quality21.34
Value46.36