Why Alteryx Stock Popped 39.4% in January

Shares of Alteryx (NYSE: AYX) climbed 39.4% in January, according to data from S&P Global Market Intelligence, extending last year's positive momentum ahead of its fourth-quarter 2019 report later this week.

Alteryx soared nearly 80% in 2019 -- making the data science and analytics company one of the market's better-performing tech stocks -- including a healthy post-earnings pop that drove shares 24% higher in November alone. But Alteryx largely gave up those gains in December despite a relative lack of company-specific news, in part as traders took some of their profits off the table.

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Source Fool.com