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.

November 10, 2024
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