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Why Yext Stock Was Sinking Today

TheMotleyFool

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Why Yext Stock Was Sinking TodayPhoto, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Marc Adamus: https://img.theapi.app/temp/9d624ad0-0157-4808-b12c-caf136345180.png

Shares of Yext (NYSE: YEXT) were sliding today after the software company reported disappointing fourth-quarter results and offered weak guidance last night. It also announced several changes in its leadership, including a new CEO.

As a result, the stock closed down 9.3% today.

Image source: Getty Images.

Source Fool.com

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