Kuehn Law Encourages Investors of Sprout Social, Inc. to Contact Law Firm
Sprout Social, Inc - Class A (SPT)
Last sprout social, inc - class a earnings: 2/26 04:10 pm
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Source: GlobeNewswire
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Sprout Social, Inc. (NASDAQ: SPT) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Sprout Social insiders caused the company to misrepresent or fail to disclose that (1) the Company's sales and revenue growth were not indicative of the Company's growth as it transitioned to an enterprise sales cycle; (2) the Company faced integration challenges with its acquisition of Tagger, a leading influencer marketing and social intelligence platform; (3) as a result, the Company was "self inducing sales headwinds;" (4) as a result, the Company would revise fiscal year 2024 revenue guidance; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. If you currently own SP
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News
- Kuehn Law Encourages Investors of Sprout Social, Inc. to Contact Law FirmPR Newswire
- Sprout Social, Inc. (NASDAQ: SPT) had its price target lowered by analysts at Piper Sandler from $40.00 to $29.00. They now have a "neutral" rating on the stock.MarketBeat
- Sprout Social, Inc. (NASDAQ:SPT) Just Reported, And Analysts Assigned A US$38.17 Price Target [Yahoo! Finance]Yahoo! Finance
- Why Sprout Social (SPT) Shares Are Falling Today [Yahoo! Finance]Yahoo! Finance
- Sprout Social, Inc. (NASDAQ: SPT) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $55.00 price target on the stock.MarketBeat
SPT
Earnings
- 11/7/24 - Beat
SPT
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- SPT's page on the SEC website