AYX - Why Alteryx Stock Gained 22% in 2020
In an up-and-down year, shares of data analytics specialist Alteryx (NYSE: AYX) finished up 22%, according to data from S&P Global Market Intelligence . The company faced a number of challenges during the year, including the coronavirus pandemic, a sharp slowdown in revenue growth related to the pandemic, and the surprise departure of CEO and founder Dean Stoecker.
Despite those challenges, the stock still benefited from a rising tide in tech stocks and a jump out of the gate at the beginning of the year to finish with solid gains.
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Why Alteryx Stock Gained 22% in 2020