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Why Nice Stock Sank Today

TheMotleyFool

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Why Nice Stock Sank TodayPhoto, wide shot, wide-angle lens, Consumer electronics manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Hiroshi Sugimoto: https://img.theapi.app/temp/d8a4268f-c982-4aa8-a09e-f9ee1db62f57.png

Shares of specialized cloud platforms provider Nice (NASDAQ: NICE) were down 8% at noon ET Thursday, according to data provided by S&P Global Market Intelligence.

Image source: Getty Images.

Nice reported first-quarter earnings that saw sales and operating cash flow rise by 6% and 12%, beating analysts' expectations on the top and bottom lines.

Source Fool.com

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