The Law Offices of Frank R. Cruz announces an investigation of Globant S.A. (“Globant” or the “Company”) (NYSE: GLOB) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On February 20, 2025, Globant released its fourth quarter 2024 financial results, missing guidance and reporting a 1.3% decrease in Latin American revenue, stating that the “situation” in Latin America was “a little bit rocky . . . because of the political turmoil and different things that happened in Brazil and in Colombia, mainly.”

On this news, Globant’s stock price fell $58.45, or 27.8%, to close at $151.72 per share on February 21, 2025, thereby injuring investors.

Then, on May 15, 2025, Globant released its first quarter 2025 financial results, announcing lower than expected growth in Latin America, citing “a challenging macroeconomic and geopolitical context” affecting the “spending patterns among some of [Globant’s] largest customers,” particularly in Latin America. Globant also disclosed that its Latin American revenue declined 9% year-over-year, “with notable contractions in Mexico and Brazil.”

On this news, Globant’s stock price fell $31.37, or 23.6%, to close at $101.47 per share on May 16, 2025.

Then, on August 14, 2025, Globant announced that it had reduced its headcount by about 1,000 employees and taken a $47.6 million restructuring charge.

On this news, Globant’s stock price fell $11.66, or 14.9%, to close at $66.46 per share on August 15, 2025, thereby injuring investors further.