Gaia stock plunges 18% after Q1 revenue misses estimates, prompting fraud investigation

Gaia, Inc. reported Q1 2026 revenue of $24.3 million, missing estimates by $0.7 million, leading to a 17.95% stock price drop. The CEO cited strategic shifts to reduce low-value acquisitions and focus on direct marketing, which slowed revenue growth. Following the announcement, Pomerantz LLP launched an investigation into possible securities fraud by Gaia and its executives. Investors are advised to contact the law firm for potential class action participation.