Why Cognyte Software Stock Is Plummeting Today
Source: Motley Fool
2026-06-03 12:16:01 ET
Cognyte Software (NASDAQ: CGNT) stock is getting hit with a big pullback on the heels of the company's latest quarterly release . The artificial intelligence (AI) company's share price was down 20.1% as of 11:55 a.m. ET.
Before today's market open, Cognyte published results for the first quarter of its 2027 fiscal year -- which ended April 30. While the company posted sales that topped Wall Street's expectations, earnings per share came in below the average forecast.
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Cognyte Software Ltd.
NASDAQ: CGNT
CGNT Trading
-2.39% G/L:
$8.995 Last:
388,404 Volume:
$9.11 Open:
