Why Endava Stock Was Tanking on Tuesday
(NYSE: DAVA) stock was going through quite a slog on Tuesday, as investors disseminated the company's latest quarterly results and obviously found them wanting. In mid-session trading that day, the shares were down a queasy 25%-plus in price, at a point when the S 500 (SNPINDEX: ^GSPC) was rising by 0.3%.
For the first quarter of its fiscal 2026, U.K.-based Endava posted revenue of just over 178 million British pounds ($234 million), which was down by almost 9% year over year.
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Source Fool.com
Endava plc ADR ADR Aktie
5,70 €
0,88 %
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