SPROUT SOCIAL, INC. STOCK FALL ALERT (NASDAQ: SPT): Sprout

NEW YORK, May 11, 2024 (GLOBE NEWSWIRE) — If you have invested in Sprout Social, you can obtain more information by contacting Ross Shikowitz at [email protected], calling us at 212-789-3619 or visiting https ://www.bfalaw.com/cases/sprout-social-inc-investigation.

There are no costs for you.

Why is the SPT down 40%?

On May 2, 2024, Sprout Social announced first quarter 2024 results and reported that the company missed revenue guidance, suffered a larger operating loss compared to first quarter 2023, bookings declined, and would no longer file annual reports recurring revenue. Sprout Social’s stock fell about 40% the following day. BFA is investigating whether Sprout Social and its executives made materially false and/or misleading statements to investors.

What can you do?

If you have invested in Sprout Social, Inc., you may have legal options. All representations are made on a contingency fee basis. The shareholders are not responsible for any court costs or litigation costs. The Company will seek court approval for any fees and expenses.

For further information please contact:

Ross Shikowitz
[email protected]
212-789-3619
https://www.bfalaw.com/cases/sprout-social-inc-investigation

Why Bleichmar Fonti & Auld LLP?

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in securities class actions and shareholder derivative litigation. It was named one of the top five plaintiff law firms by ISS SCAS in 2023 and its attorneys were named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Recent notable successes include BFA being valued at over $900 million by the board of Tesla, Inc. (pending court approval) and $420 million by Teva Pharmaceutical Ind. Ltd. has requested back.

For more information about BFA and its attorneys, visit https://www.bfalaw.com.

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