Mediaalpha, Inc. (MAX) has disclosed a new risk, in the Litigation & Legal Liabilities category.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Mediaalpha, Inc. faces significant financial and operational risks due to the Federal Trade Commission’s (FTC) investigation into alleged violations of the FTC Act, Telemarketing Sales Rule, and Government and Business Impersonation Rule. The FTC’s initial settlement demand includes potential injunctive and monetary relief that could severely impact the company’s liquidity and financial resources. This situation might compel Mediaalpha to seek additional capital or incur debt, and there is no assurance of obtaining such financing on favorable terms. Furthermore, proposed injunctive measures could hinder the company’s operations in the health insurance sector by imposing stricter compliance and altering marketing strategies.
The average MAX stock price target is $23.75, implying 104.39% upside potential.
To learn more about Mediaalpha, Inc.’s risk factors, click here.
