TDC - Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Teradata Corporation (TDC) | Benzinga

LOS ANGELES, June 27, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming August 13, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Teradata Corporation ("Teradata" or the "Company") (NYSE:TDC) securities between February 13, 2023 and February 12, 2024, inclusive (the "Class Period").

If you suffered a loss on your Teradata investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Teradata-Corporation/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

On December 7, 2023, Teradata's CFO stated that the Company had "an eight-figure deal that potentially [. . .] could get pushed out [of Q4 2023]", which "could put [the Company] towards the low end or slightly below the range for cloud [annual recurring revenue ("ARR")] that [it] previously gave."

On this news, Teradata's stock price fell $2.89, or 6.2%, to close at $43.40 ...

TDC)>Full story available on Benzinga.com