Atlassian’s stock just got whacked, but Wall Streeters still see a bright future ahead

Atlassian

Australian team productivity software company Atlassian saw its stock drop 14% on Friday after it announced its earnings, falling from $81.89 on Thursday evening to $70.18 by the end of Friday. The stock has since rebounded slightly, and was trading at $72.64 on Monday evening.

Atlassian reported revenue that beat Wall Street analyst’s expectations by 3%, but the beat left some investors disappointed.

See the rest of the story at Business Insider

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