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Why Gartner Stock Cratered 27.6% Today

TheMotleyFool 
0 0 06.08.25
Why Gartner Stock Cratered 27.6% TodayPhoto, wide shot, wide-angle lens, soft focus, IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
 

Shares of Gartner (NYSE: IT) fell on Tuesday, finishing the day down 27.6%. The drop came as the S 500 and Nasdaq Composite lost 0.5% and 0.7%, respectively.

Gartner, an IT and tech-focused business insights company, reported its second-quarter earnings. Though IT beat expectations on many of the more high-profile figures, investors were underwhelmed by the slowing growth in its contracts.

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Source Fool.com

Gartner Inc. Stock

€156.60
-3.210%
Gartner Inc. took a tumble today and lost -€5.100 (-3.210%).
Based on 7 Buy predictions and 5 Sell predictions the sentiment towards Gartner Inc. is rather balanced.
However, we have a potential of -12.52% for Gartner Inc. as the target price of 137 € is below the current price of 156.6 €.
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