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Over the past earnings season in the software sector, a major share price drop typically required a company to mention the hated words: "sales execution issues." Many previous high-flyers like New Relic (NEWR) and Zendesk (ZEN) reported weaknesses in customer retention and in certain key markets like Europe, causing their shares to fall from vaunted double-digit forward revenue valuations.
But Anaplan (PLAN) has just proven that even good results don't protect propped-up share prices. The self-labeled connected planning company, whose software-driven tools help business analysts cut out manual spreadsheet