Pegasystems Increported slowdown in contract growth as clients delayed software purchases
Several stocks made significant moves on Wednesday. Pegasystems fell 13.3% after reporting a slowdown in contract growth as clients delayed software purchases. Reddit dropped 5.9% following reports it is reconsidering its AI data-licensing agreement with Google. Everforth rose 14.6% after Truist Securities upgraded the stock to Buy from Hold and raised its price target. Super Micro surged 22.9% after reporting strong preliminary fourth-quarter results, including a massive surge in its gross margin forecast, record-breaking new orders, and a major data center partnership with SpaceX.
Pegasystems Increported slowdown in contract growth as clients delayed software purchases
Super Micro Computer Increported strong preliminary Q4 results with surge in gross margin forecast
Alphabet Inc Class C
Everforth, Inc.upgraded to Buy from Hold with raised price target by Truist Securities
Reddit, Inc.reconsidering its AI data-licensing agreement with Google