Why Informatica Stock Plunged Today
In its second earnings report as a publicly traded company, shares of Informatica (NASDAQ: INFA) plunged as investors seemed to be disappointed with the company's fourth-quarter results and guidance, although they were more or less in line with expectations.
As of 2:26 p.m. ET, the stock was down 30%. Trading was briefly paused this morning due to volatility.
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Source Fool.com
