Splunk Stock Is Up 75%, It’s Time To Book Profits
- Thursday, October 8, 2020, 7:13
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After a 75% rally since March 23, Splunk stock looks fully valued based on its historic Price to Sales (P/S) multiples. Splunk, a big data solutions provider, has seen its stock rally from $113 to $198 off the recent bottom compared to the S&P which moved around 50%. The stock is slightly ahead…
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