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Why Alteryx Stock Plunged Today

TheMotleyFool

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Why Alteryx Stock Plunged TodayPhoto, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

Shares of Alteryx (NYSE: AYX) were taking a dive today after the maker of cloud-based data analytics software posted a disappointing second-quarter earnings report, showing clear headwinds from the coronavirus pandemic. Its guidance also badly missed the mark, indicating that those challenges would persist for the rest of the year.

As of 9:46 a.m. EDT, the stock was down 27.1%.

Image source: Getty Images.

Source Fool.com

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