Elastic shares sink after slashing guidance, BofA downgrade

Yahoo Finance Video
9,819 次觀看・2 個月前

Shares of Elastic (ESTC) plunged on Friday. The company's second quarter revenue guidance disappointed Wall Street. Meanwhile, Bank of America downgraded Elastic to Neutral from Buy.

Market Domination's Josh Lipton and Madison Mills discuss analyst reactions to the results as many slash price targets on the stock.

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This post was written by Ivana Freitas