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CLOU - Coupa: Takeover Chatter Takes A Backseat To Earnings Monday Night
December, 11 2022 01:28 AM
Global X Cloud Computing ETF
Summary Cloud stocks continue to suffer in 2022 despite a recent drop in borrowing costs. Coupa Software has rallied 50% off its Q3 low as takeover rumblings attract buyers and some short-covering. Options traders have priced in a big move after Monday night's quarterly report and I outline key price levels to watch. For further details see:
Coupa: Takeover Chatter Takes A Backseat To Earnings Monday Night
Stock Information
Company Name:
Global X Cloud Computing ETF
Stock Symbol:
CLOU
Market:
NYSE
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