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Why Elastic Stock Jumped 32.4% in July

TheMotleyFool

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Why Elastic Stock Jumped 32.4% in JulyPhoto, wide shot, wide-angle lens, Semiconductor company, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/92ce44e9-64c7-4458-9a95-b706ed510490.png

Shares of Elastic (NYSE: ESTC) gained 32.4% in July, according to data from S&P Global Market Intelligence. The cloud-software company's stock benefited from movement for the broader market and appears to have seen significant gains after being featured on a segment of CNBC's Mad Money.