Alteryx Stock Craters; Should Investors Stay the Course?
Shares of Alteryx (NYSE: AYX), a leader in analytic process automation, endured a barrage of selling on Friday following the company's second-quarter 2020 earnings report, issued after markets closed on Thursday. Alteryx stock had slumped 29% by midafternoon today as investors digested the big-data analysis software provider's last three months of performance and anemic guidance. Alteryx reported revenue of $96.2 million, which exceeded the top of its guidance range of $90 million to $95 million.
