PLAN - Anaplan: Plan To Take Some Profits Now
Anaplan (PLAN) has performed exceptionally well since their IPO in October at $17/share. Investors have ridden the stock higher, and coming off a strong Q4 earnings, investors should be a bit more cautious as the stock floats around all-time highs. Year to date, the stock is already up 45%, and with their lockup expiration approaching on April 10, investors would be wise to take some profits off the table as inside ownership could look to unload some of their shares.
Data by YCharts
The question for now is if PLAN is able to sustain its