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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

€70.86
4.380%
A very strong showing by Epam Systems Inc. today, with an increase of €2.98 (4.380%) compared to yesterday's price.
Epam Systems Inc. is currently one of the favorites of our community with 19 Buy predictions and no Sell predictions.
With a target price of 172 € there is potential for a 142.73% increase which would mean more than doubling the current price of 70.86 € for Epam Systems Inc..
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