Cloudera Inc Has an Ugly Stock Chart, But Looks Can Be Deceiving
Cloud stocks got whacked on Thursday, but given some of the astounding moves over the past year, it shouldn't be a surprise to see some dips.
A mid-cap cloud software application play that has been relentlessly beaten down-and, in my view, doesn't deserve it-is Cloudera Inc (NYSE:CLDR).
To say CLDR stock has taken a beating by "Mr. Market" would be a major understatement.
Cloudera stock is down 50% from its 52-week high of $20.18, including a 21% sell-off over the past month after offering up soft guidance..
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Cloud stocks got whacked on Thursday, but given some of the astounding moves over the past year, it shouldn't be a surprise to see some dips.
A mid-cap cloud software application play that has been relentlessly beaten down-and, in my view, doesn't deserve it-is Cloudera Inc (NYSE:CLDR).
To say CLDR stock has taken a beating by "Mr. Market" would be a major understatement.
Cloudera stock is down 50% from its 52-week high of $20.18, including a 21% sell-off over the past month after offering up soft guidance..
Den vollständigen Artikel lesen ...