SPRINKLR ALERT: Bragar Eagel & Squire, P.C. is Investigating Sprinklr, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Sprinklr, Inc. Class A (CXM)
Company Research
Source: GlobeNewswire
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sprinklr, Inc. (NYSE: CXM) on behalf of long-term stockholders following a class action complaint that was filed against Sprinklr on August 13, 2024 with a Class Period from March 29, 2023 to June 5, 2024. Our investigation concerns whether the board of directors of Sprinklr have breached their fiduciary duties to the company. According to the complaint, on December 6, 2023, Sprinklr announced strong 3Q 2024 results and then reduced its estimated growth for the 4Q and full year 2025. The Company blamed it on “subscription renewal pressures” caused by macro headwinds and the “over-rotation” of sales to its Contact Center as a Service (“CCaaS”) market. On an earnings call in September 2023, CEO Ragy Thomas stated that the Company’s investments in AI and the CCaaS opportunity were main contributors to its customer growt
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CXM
News
- Sprinklr, Inc. (NYSE: CXM) was upgraded by analysts at Scotiabank to a "hold" rating.MarketBeat
- Sprinklr, Inc. (NYSE: CXM) is now covered by analysts at Scotiabank. They set a "sector perform" rating and a $7.70 price target on the stock.MarketBeat
- Aggie Makes Social Media Not Suck [Yahoo! Finance]Yahoo! Finance
- We Like These Underlying Return On Capital Trends At Sprinklr (NYSE:CXM) [Yahoo! Finance]Yahoo! Finance
- Sprinklr Announces Date of Third Quarter Financial ResultsBusiness Wire
CXM
Earnings
- 9/4/24 - Beat
CXM
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- CXM's page on the SEC website