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home / news releases / MFGP - Why Micro Focus International Stock Was Slammed Thursday


MFGP - Why Micro Focus International Stock Was Slammed Thursday

Shares of infrastructure software company Micro Focus International (NYSE: MFGP) were slammed on Thursday, declining about 32% as of 11:50 a.m. EDT.

The tech stock's decline comes after the company updated its guidance for fiscal year 2019, which ends on Oct. 31. Micro Focus lowered its outlook for revenue during the period. 

Image source: Getty Images.

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Stock Information

Company Name: Micro Focus Intl PLC ADS each representing One Ord Sh
Stock Symbol: MFGP
Market: NYSE
Website: microfocus.com

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