MARKET WIRE NEWS

Why Vertex Stock Got Mashed on Monday

Source: Motley Fool

2025-11-04 16:00:05 ET

The stock of niche financial software company Vertex (NASDAQ: VERX) didn't get a very good start to the trading week at all. Its value fell by nearly 10% that day, due largely to a quarterly earnings report that many considered to be underwhelming. By contrast, the benchmark S&P 500 index rose on the day, closing slightly (0.2%) higher.

That morning, Vertex revealed that its total revenue was slightly over $192 million in the third quarter, a figure that was up by nearly 13% year-over-year. Subscriptions, which form the bulk of its top line, grew by the same rate to almost $165 million.

Image source: Getty Images.

Continue reading

Vertex Inc. Class A Common Stock

NASDAQ: VERX

VERX Trading

-4.46% G/L:

$13.93 Last:

449,719 Volume:

$14.37 Open:

mwn-ir Ad 300

VERX Latest News

February 27, 2026 08:00:00 am
Vertex to Present at Upcoming Conferences

VERX Stock Data

$2,388,931,261
73,701,919
N/A
80
N/A
Software & IT Services
Technology
US
King of Prussia

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App