Core Viewpoint - Sprinklr, Inc. has faced significant stock price declines due to reduced growth expectations and changes in sales strategy, prompting a class action notice for shareholders [1][2]. Group 1: Company Performance - Sprinklr announced strong Q3 2024 results on December 6, 2023, but subsequently reduced its estimated growth for Q4 and full year 2025, citing "subscription renewal pressures" and macroeconomic headwinds [2]. - The company’s stock price fell by $5.59 per share, approximately 34%, closing at $11.11 following the announcement of reduced estimates [2]. - On June 5, 2024, Sprinklr cut its fiscal year 2025 growth projections by another 3%, down to 7% annual growth, attributing this to reduced customer retention and macroeconomic challenges [2]. Group 2: Stock Price Impact - Following the June 5 announcement, Sprinklr's stock price dropped from $10.84 to $9.20 per share, a decline of over 15% in one day [2]. - The timing of the changes in sales strategy and leadership has surprised analysts, contributing to the negative market reaction [2]. Group 3: Shareholder Actions - Shareholders who purchased shares during the class period from March 29, 2023, to June 5, 2024, are encouraged to register for potential lead plaintiff appointment in the class action [1][3]. - The deadline for shareholders to seek lead plaintiff status is October 15, 2024, with no cost or obligation to participate [3].

Core Viewpoint - Sprinklr, Inc. has faced significant stock price declines due to reduced growth expectations and changes in sales strategy, leading to a class action notice for shareholders [1][2]. Group 1: Company Performance - On December 6, 2023, Sprinklr announced strong Q3 2024 results but subsequently reduced its estimated growth for Q4 and full year 2025, citing "subscription renewal pressures" and "over-rotation" in sales to the CCaaS market [1]. - Following the announcement, Sprinklr's stock price fell by $5.59 per share, approximately 34%, closing at $11.11 per share [1]. - On June 5, 2024, Sprinklr further cut its fiscal year 2025 growth projections by 3%, down to 7% annual growth, attributing this to reduced customer retention and macroeconomic challenges [1]. - The stock price dropped from $10.84 per share on June 5, 2024, to $9.20 per share on June 6, 2024, marking a decline of over 15% in one day [1]. Group 2: Shareholder Actions - Shareholders who purchased shares of CXM during the specified class period (March 29, 2023, to June 5, 2024) are encouraged to contact the Gross Law Firm regarding potential lead plaintiff appointment [1][2]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is October 15, 2024 [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2].

Industry Overview - The small and mid-cap software sector is facing significant challenges, particularly for companies lacking growth drivers in artificial intelligence (AI) [1] - Macroeconomic conditions are exerting pressure on enterprise budgets, leading to extended sales cycles [1] Company Insights - Gary Alexander, an analyst with extensive experience in technology, has been actively contributing insights on the software industry since 2017 [1] - His background includes both Wall Street coverage of technology firms and advisory roles for seed-stage startups, providing a comprehensive perspective on current industry trends [1]

NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprinklr, Inc. (NYSE: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Sprinklr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO D ...

SAN DIEGO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Sprinklr, Inc. (NYSE: CXM) securities between March 29, 2023 and June 5, 2024. Sprinklr is a software company that provides AIbased "Customer Experience Management" platforms for its client's customer-facing teams. Its products help customers provide customer service across various platforms and in different capacities. ...

NEW YORK, Sept. 23, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sprinklr, Inc. (NYSE: CXM). Shareholders who purchased shares of CXM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/sprinklr-loss-submission-form/?id=104014&from=4 CLASS PERIOD: March 29, 2023 to June 5, 20 ...

NEW YORK, Sept. 21, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprinklr, Inc. (NYSE: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive (the "Class Period"), of the important October 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased Sprinklr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO D ...

NEW YORK, Sept. 19, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sprinklr, Inc. (NYSE: CXM). Shareholders who purchased shares of CXM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/sprinklr-loss-submission-form/?id=103488&from=4 CLASS PERIOD: March 29, 2023 to June 5, 20 ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Sept. 17, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM) investors of a class action representing investors that bought securities between March 29, 2023 and June 5, 2024, inclusive (the "Class Period"). Sprinklr investors have until October 15, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portno ...

Group 1 - The article discusses the performance of Sprinklr (NYSE: CXM) and notes that the business has been significantly impacted by the macroeconomic environment, more than initially anticipated [1] - The author previously held a "hold" rating on Sprinklr due to these challenges, particularly highlighting the adverse effects of AI on the company's operations [1] - The author emphasizes a diverse investment strategy that includes fundamental, technical, and momentum investing approaches, which have been refined over years of experience [1] Group 2 - The author uses Seeking Alpha as a platform to track investment ideas and connect with other investors who share similar interests [1]