The world has turned upside down for Alteryx (AYX), a big data preparation software company that helps businesses blend together data from different streams into a single platform ready for analysis. Once one of the fastest-growing companies in the software sector with revenues nearly doubling year-over-year each quarter, and thematically aligned to one of the hottest trends in computing (big data), Alteryx was a longtime Wall Street favorite from the time of its IPO in 2017 at just $14 per share - until now.
At one point this year, shares of Alteryx had