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Alteryx (AYX) reported second-quarter 2020 numbers and it looked pretty ugly. The company reported only 17% growth in Q2 2020 and guided for only 11% growth for the full year, which is significantly lower than the growth seen in 2019 at 59% and 65% respectively. It is safe to say that COVID-19 has put Alteryx's growth journey at least on a temporary halt and management does not expect a material improvement in business conditions during 2020.
Shares immediately saw a huge sell-off and ended the day after the earnings announcement down 28% and