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Cloud software company Anaplan (NYSE: PLAN) beat estimates in its third-quarter earnings report in November, but it still wasn't enough to please the market. In this episode of "Beat and Raise" recorded on Dec. 1 , Fool contributors Zane Fracek and Brian Withers break down Anapl...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Evercore ISI analyst Kirk Materne recently weighed in on the tech sector and named three software stocks that are ready for a rebound. Source: Shutterstock According to the analyst, there are underperformers in the ...
The software sector is barreling toward an uncommon occurrence, Evercore ISI notes. Represented by iShares' Expanded Tech-Software Sector ETF (BATS:IGV), it's set to underperform the S&P 500 for the first time in five years (and only the second time in 15 years), +12% vs. +25%. Revenue gr...
Anaplan (NYSE:PLAN) shares are down more than 3% to $45.97 in early Thursday trading as Morgan Stanley lowered its rating and cut its price target noting that "recent results could be indicative of more prolonged challenges." Analyst Stan Zlotsky cut the price target to $55, down fr...
Anaplan (NYSE: PLAN) has been absolutely clobbered since its latest earnings update. Between the lack of a bigger earnings beat and raise to the company's revenue guidance and the coronavirus omicron variant, share prices have plummeted 36% in the last month and are down 41% in 2021...
Anaplan’s (PLAN) share price has slumped despite the company reporting better-than-expected quarterly sales. Concerns over the company’s sluggish growth in billings overshadowed the positivity related to its top-line growth. So, given the company’s lofty valuation, is it ...
Retail stocks remained in focus during Wednesday's trading as Wall Street headed into the Thanksgiving holiday and the Black Friday kick-off to the annual Christmas shopping bonanza. Even as retailers prepare to enter their busiest time of year, a pair of weak earnings reports sparked a broad...
Shares of Anaplan (NYSE: PLAN) dropped by 23% on Wednesday morning after the company reported its fiscal third-quarter results. The cloud platform for worker connectivity and performance was down around 17.5% as of 12:16 .m. ET. After the bell Tuesday, Anaplan released its earni...
Anaplan (NYSE:PLAN) was headed for an un-Happy Thanksgiving when its shares fell more than 20%, Wednesday, as multiple analysts raised concerns about the data-collection software company's earnings results and billings outlook. Late Tuesday, Anaplan (PLAN) said that for its third quarter...
The stock market has seen some volatility pop back up after a strong rally throughout much of October and early November, and after moving to record levels, market benchmarks have started to pull back. That trend continued in premarket trading on Wednesday morning. At 8:30 a.m. ET, futures ...
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Progressive Planet Finalizes Purchase Agreement with Lafarge Canada Canada NewsWire /NOT FOR DISTRIBUTION IN THE USA ./ Advances partnership with Canada's largest cement producer KAMLOOPS, BC , June 29, 2023 /CNW/ - Progressive Planet ...
4 Cloud Computing Stocks To Check Out Today Whether we like it or not, the stock market has been experiencing volatility over the past year. As such, picking the right industry or stock may be more challenging than usual. Nevertheless, investors could still be thinking ahead as ...
Anaplan, Inc. (“Anaplan” or the “Company”) (NYSE: PLAN), provider of a leading cloud-native platform for orchestrating business performance, today announced that it convened and adjourned, without conducting any other business, the special meeting of Anaplan ...