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PS - Pluralsight: Know These Issues Before You Invest
Pluralsight Inc.
Pluralsight, Inc. (PS) is another SaaS company with "sales execution issues" or so management says. Pluralsight stock was trading at ~ $35 back in April but now trades much lower at about $18. The Q2 2019 earnings call resulted in the stock getting slammed. Investors were not happy to say the least.
This stock is substantially undervalued in my opinion, but the stock chart shows potential resistance at ~ $19 just above where it is trading now. While it is quite possible for the stock to breach the resistance level, this is not