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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

€88.20
5.100%
A very strong showing by Epam Systems Inc. today, with an increase of €4.22 (5.100%) compared to yesterday's price.
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
With a target price of 165 € there is a hugely positive potential of 87.07% for Epam Systems Inc. compared to the current price of 88.2 €.
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