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Why Navan Stock Soared Today

TheMotleyFool

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Why Navan Stock Soared TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png

Shares of Navan (NASDAQ: NAVN) rocketed higher on Thursday after the artificial intelligence (AI)-driven business travel and expense platform announced impressive growth figures.

Image source: Getty Images.

Navan's revenue jumped 35% year over year to $178 million in its fiscal 2026 fourth quarter, which ended on Jan. 31.

Source Fool.com