The law firm of Kirby McInerney LLP is investigating potential claims against CVRx Inc. (“CVRx” or the “Company”) (NASDAQ: CVRX). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.

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What Happened?

On April 7, 2025, CVRx announced weaker than expected preliminary first quarter results. In the Company’s earnings press release, CVRx’s President and Chief Executive Officer Kevin Hykes (“Hykes”) said that “many of [the Company’s] newer sales representatives are still in the early stages of development.” On this news, the price of CVRx shares declined by $5.34 per share, or approximately 46.3%, from $11.54 per share on April 7, 2025 to close at $6.20 on April 8, 2025.

Then, on May 8, 2025, CVRx announced weak first quarter results and lowered its full year revenue guidance. During the related earnings call, CEO Hykes said that recent salesforce changes at the Company were “more significant than initially anticipated and resulted in 25% of our current territory managers being hired between December and March.” On this news, the price of CVRx shares declined by $3.01 per share, or approximately 38.8%, from $7.78 per share on May 8, 2025 to close at $4.77 on May 9, 2025.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired CVRx securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

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Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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