Shares of Symbotic Inc. (SYM), a robotics company backed by Walmart, experienced a significant decline of over 35% in premarket trading following the announcement of delayed annual financial filings. The company cited 'material weaknesses' in its financial controls and the need for additional time to rectify revenue recognition errors from the fiscal year ending September 28, 2024. This follows a recent restatement of its financial results, which did not resolve all identified issues. The stock's plunge has attracted the attention of multiple law firms, including the Law Offices of Frank R. Cruz and Howard G. Smith, which have initiated investigations on behalf of investors, particularly those who may have incurred losses exceeding $100,000. As concerns over the company's financial reporting continue to mount, investors are urged to consider their options regarding potential securities fraud claims.