Stocks & Financial News
Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors
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.
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 your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240507225249/en/
SOURCE: Law Offices of Howard G. Smith
<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20240507225249r1&sid=cmtx6&distro=nx&lang=en" style="width:0;height:0" />
Law Offices of Howard G. Smith Howard G. Smith, Esquire 215-638-4847 howardsmith@howardsmithlaw.com www.howardsmithlaw.com
COMTEX_452033569/1006/2024-05-07T20:58:00