A class action lawsuit against Sprout Social has moved forward after the court denied the defendants' motion to dismiss. The case involves allegations that Sprout Social misled investors about its sales growth and challenges integrating an acquisition, which led to a significant revenue guidance cut in 2024. Following the announcement, Sprout Social's stock price dropped over 40%. The parties will now submit a schedule to complete fact and expert discovery, progressing the lawsuit further.
Sprout Social, Inc. faces ongoing litigation after a court denied a motion to dismiss a securities fraud class action. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 13, 2026 09:21 WIB: out of 150 priced US tech stocks, 34 rose and 114 fell today. Notable movers include SoundHound AI Inc (SOUN) down 8.35% at USD 4.94 with a typical hold time of 24 days and a Pluang order activity skewed 86% buy, Corning Incorporated (GLW) down 8.19% at USD 143.86 held typically for 36 days with 93% buy orders, and Nebius Group NV (NBIS) down 7.94% at USD 203.57 with 86% buy order activity and a 25-day hold time.
Australian brand STYLD. has partnered with Mattel to release a limited-edition Barbie-themed Christmas collection featuring summer-inspired, reusable entertaining items in Candy Cane Pink and Peppermint Green. The collection includes insulated carafe...
SkyAI has sold about 1 million Solana (SOL) tokens, roughly half of its original holdings, to raise funds for stock and warrant buybacks. The company still holds about 1 million SOL and may continue selling depending on market conditions. The sales h...
SkyAI has sold 1 million Solana (SOL) tokens valued at about $107 million, significantly reducing its holdings amid more than $160 million in unrealized losses. The average purchase price was around $194 per token, leading to the large loss at curren...
Ethena's governance token ENA traded near $0.20 on October 13, 2026, showing declines between 13.23% and 15.76% in 24 hours. The drop coincided with increased exchange inflows and an accelerated release of original investor allocations, which were mo...
Internet Computer (ICP) surged 14% to $3.46 after breaking above a descending triangle pattern that had limited its price for weeks. Increased buying from large traders in both Spot and Futures markets supports a potential rally toward the next resis...
