Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Sprinklr, Inc. due to a class action complaint filed on August 13, 2024, concerning possible breaches of fiduciary duties by the board of directors [1] Financial Performance - On December 6, 2023, Sprinklr reported strong Q3 2024 results but subsequently reduced its growth estimates for Q4 and full year 2025, citing "subscription renewal pressures" and "over-rotation" in sales strategy [2] - Following the announcement of reduced estimates, Sprinklr's stock price fell by $5.59 per share, approximately 34%, closing at $11.11 per share [2] - On June 5, 2024, Sprinklr again lowered its growth expectations, cutting fiscal year 2025 projections by another 3% to 7% annual growth, attributing this to reduced customer retention and macroeconomic challenges [3] - 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 [3]
SPRINKLR ALERT: Bragar Eagel & Squire, P.C. is Investigating Sprinklr, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm