Why Did Elastic Stock See A Big Correction Last Week?
- Friday, October 25, 2019, 7:19
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Elastic (NYSE: ESTC) is a company that primarily sells software as a service (SaaS) solutions that cater to search, logging, security, and analytics applications. Elastic has been posting robust growth (~50% revenue growth in FY’20), but the company saw its stock decline by 16% over the last week
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