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Sprout Social's lower-than-expected earnings guidance caused its stock to plummet by $4.29.
Sprout Social, a social media management company, issued lower-than-expected Q4 and FY 2024 earnings and revenue guidance, leading to a $4.29 drop in its stock price to $26.71.
Analysts have given mixed reviews, with a consensus "Hold" rating and a target price of $48.
The company's insiders have sold $1.8 million worth of shares in the last quarter.
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La orientación sobre ingresos inferiores a los esperados de Sprout Social hizo que sus acciones se desplomen en $4.29.