Law firm probes Angi Inc. for possible securities fraud after sharp Q1 losses and stock plunge

Pomerantz LLP is investigating Angi Inc. and its executives for potential securities fraud following the company's Q1 2026 report showing a 3% revenue decline, a $9.5 million operating loss, and a 35% stock price drop. Angi revealed a strategic shift to an AI-native platform, freezing its legacy platform and halting quarterly guidance. The investigation highlights investor concerns over Angi's financial health and future direction amid significant declines in network revenue and active professionals. Investors are advised to contact Pomerantz LLP for potential class action participation.