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Why Alteryx Stock Jumped 19% Last Month

TheMotleyFool

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Why Alteryx Stock Jumped 19% Last MonthPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png

Shares of Alteryx (NYSE: AYX) were climbing last month as the data analytics provider gained with a wave of software-as-a-service (SaaS) stocks as investor sentiment improved significantly during the month. According to data from S&P Global Market Intelligence, Alteryx shares finished the month 19% higher.

The following chart shows the stock's performance compared with the broad-market S&P 500 index.