DATA - Tableau: Willing To Bite At Lower Prices

While most software stocks have rallied this year alongside the broader market, some once-popular names have been left out in the dust. Firmly sticking in this group is data visualization titan Tableau (DATA), whose losses have stung deeper after the company reported a Q1 revenue miss several weeks ago, rekindling fears of competition owing to Tableau's high price point relative to competing vendors. Year to date, shares of Tableau have now lost -5%, lagging behind the S&P 500's 14% gain by nineteen points:

Can Tableau recover the gap? In my

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