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Why Teradata Stock Soared on Thursday

TheMotleyFool

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Why Teradata Stock Soared on ThursdayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Shares of cloud analytics company Teradata (NYSE: TDC) skyrocketed on Thursday. Shares jumped as much as 35.3%, and as of 10:20 a.m. EDT today, the growth stock was up about 30%.

The stock's sharp gain follows the release of the company's preliminary first-quarter earnings per share and its revised forecast for growth in the annual value of the cloud contracts for its Teradata Vantage analytics service.

Image source: Getty Images.

Source Fool.com

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