Please Upload related files below
Fill in below.
Tell us the stocks you own using SnapTrade, and we will keep you informed about class action litigation related to your stocks. We monitor critical case developments that may affect the price of your shares and your possible monetary recovery. SnapTrade only shares the tickers you own and your transaction history, not your account numbers. Using SnapTrade and participating in our monitoring service is free and does not create any attorney-client relationship or obligation on your part.
Don’t miss out on possible monetary recovery - link your account with SnapTrade.
On February 13, 2025, Informatica issued a press release announcing its fourth quarter 2024 financial results, missing revenue forecasts and issuing disappointing fiscal 2025 guidance on the back of disappointing renewal rates. Informatica disclosed that the company’s cloud renewal rate “had two kinds of issues. One was more operational, execution … and the other one was more organizational, incentive-driven issues.” The company further disclosed that these issues impacting renewal revenues will take time to resolve and are “baked” into the updated 2025 guidance.
Following this news, on February 14, 2025, Informatica’s stock price fell by $5.42 per share to close at $19.75 per share.