Alteryx (AYX) has been pummeled, down over 30% since my article, Alteryx: Listen To Redditors, Not Company Presentations, was published on July 20th. I gave this warning:
With 25%+ revenue growth priced in over the next five years, and a cloudy market opportunity, I believe investors are buying the narrative over the fundamentals at the moment.
Every single concern the market has about the business today existed before earnings, and before COVID-19. The market chose to ignore these concerns, and the momentum ran wild. These concerns were mostly covered in my previous article.
When