Sprout Social: Not Quite Ready To Rebound Yet (Rating Downgrade)
Sprout Social(SPT) Seeking Alpha·2024-08-02 19:42
J Studios Lately, hopes of interest rate cuts have fueled greater investment into small and mid-eap stocks, but Sprout Social (NASDAQ:SPT) continues to be in hangover mode, suffering through the impacts of its shocking guidance cut earlier this year alongside its Q1 earnings print. Sprout Social's Q2 results brought comparatively much less shock, and yet the Street was still unimpressed, sending the stock down in the mid single digits and internupting the stock's attempt to rebound over the past few months. ...