Pomerantz LLP is investigating Angi Inc. for potential securities fraud following the company's disappointing Q1 2026 financial results, which showed a 3% revenue decline, a $9.5 million operating loss, and a 22% drop in active professionals. Angi also announced a strategic shift to an AI-native platform, pausing legacy platform development and quarterly guidance. The news caused Angi's stock to fall 35.22% on May 6, 2026. The investigation aims to determine if Angi's officers or directors engaged in unlawful business practices affecting investors.
Angi's first International Homeowners Study surveyed nearly 5,000 homeowners across 10 countries, uncovering diverse home maintenance and design habits. Americans are notably proactive in home upkeep, with 72% renovating to maintain condition. France...
Angi Inc. reported a revenue drop and operating loss in Q1 2026, with a 22% decline in average monthly active users. The company announced a shift to an AI-native platform, pausing legacy platform updates and quarterly guidance. Following this, Angi'...
