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Why Teradata Stock Fell Sharply on Friday

TheMotleyFool

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Why Teradata Stock Fell Sharply on FridayPhoto, 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 cloud analytics company Teradata (NYSE: TDC) fell on Friday. The tech stock dropped as much as 15.9% but was down 13.8% as of 1:09 p.m. EDT.

Teradata stock's decline follows the company's third-quarter earnings release. While revenue and earnings per share were both ahead of analysts' consensus forecasts for the two metrics, the company missed analysts' average view for cloud annual recurring revenue.

Image source: Getty Images.

Source Fool.com

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