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Why Elastic Stock Jumped 32.4% in July


Shares of Elastic (NYSE: ESTC) gained 32.4% in July, according to data from S&P Global Market Intelligence. The cloud-software company's stock benefited from movement for the broader market and appears to have seen significant gains after being featured on a segment of CNBC's Mad Money.

ESTC Chart

ESTC data by YCharts.

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Source Fool.com

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