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Why EPAM Systems Stock Just Crashed


IT consultant EPAM Systems (NYSE: EPAM) stock tumbled 18.4% through 10 a.m. ET Thursday despite beating on both sales and earnings this morning.

Heading into the company's Q4 earnings report, analysts expected EPAM to earn $3.16 per share on sales just under $1.4 billion. EPAM actually earned $3.26 per share, and on sales just over $1.4 billion.

Image source: Getty Images.

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Source Fool.com

Epam Systems Inc. Stock

€110.50
0.180%
The Epam Systems Inc. stock is trending slightly upwards today, with an increase of €0.20 (0.180%) compared to yesterday's price.
With 21 Buy predictions and not a single Sell prediction Epam Systems Inc. is an absolute favorite of our community.
As a result the target price of 185 € shows a very positive potential of 67.42% compared to the current price of 110.5 € for Epam Systems Inc..
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