Why Endava Stock Plummeted This Week
(NYSE: DAVA) stock got hit with big sell-offs over the last week of trading. The company's share price fell 29.5% in a stretch of trading that saw the S 500 rise roughly 0.1% and the Nasdaq Composite decline 0.5%.
Endava's big sell-off this week stemmed from the publication of its results for the first quarter of its 2026 fiscal year -- a period that ended Sept. 30. The company published its Q1 numbers on Nov. 11, and substantial sales and earnings misses in the period resulted in a dramatic valuation contraction for its stock.
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Source Fool.com
Endava plc ADR ADR Aktie
5,60 €
-0,89 %
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