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Stock impact report

The Law Offices of Frank R. Cruz Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

Sprout Social, Inc - Class A (SPT) 
Last sprout social, inc - class a earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) on behalf of investors concerning the Company’s possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On May 2, 2024, Sprout Social released its first quarter 2024 financial results, missing the Company’s prior guidance and lowering its 2024 outlook by approximately $20 million. The Company explained that its transition to enterprise set it back and that “there were execution headwinds that were self-induced.”On this news, Sprout Social’s stock price fell $19.33, or 40.1%, to close at $28.82 per share on May 3, 2024, thereby injuring investors.Follow us for updates on Twitter: twitter.com/FRC_LAW.If you purchased Sprout Social securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or yo Show less Read more
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