SPRINKLR ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Sprinklr, Inc. and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against Sprinklr, Inc. for alleged securities violations during the class period from March 29, 2023, to June 5, 2024, following significant declines in the company's stock price due to reduced growth expectations and strategic shifts [1][3][4]. Financial Performance - On December 6, 2023, Sprinklr reported strong Q3 2024 results but subsequently lowered its growth estimates for Q4 and full year 2025, citing "subscription renewal pressures" and "over-rotation" in sales strategy [3]. - The company's stock price fell by $5.59 per share, approximately 34%, closing at $11.11 per share after the announcement of reduced estimates [3]. - 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 [4]. - Following this announcement, Sprinklr's stock price dropped from $10.84 to $9.20 per share, a decline of over 15% in one day [4]. Management Changes - In March 2024, several changes were made to Sprinklr's C-level positions, which analysts noted as surprising given the timing and the shift in the company's sales strategy [3]. Legal Proceedings - Investors who purchased Sprinklr shares during the class period and suffered losses are encouraged to apply to be lead plaintiffs in the lawsuit by October 14, 2024 [1].