Why Gartner Stock Fell 31% This Morning
Shares of research and advisory specialist (NYSE: IT) plunged on Tuesday, following a strong earnings report.
Wait, what?
Yep, Gartner beat Wall Street's estimates on both the top and bottom lines, but the stock still took a beating after the report due to disappointing guidance. Gartner's shares opened Tuesday's trading session 31.2% lower. By 2:15 p.m. ET, it had recovered slightly to a 21.6% decline from Monday's close.
Source Fool.com
Gartner Inc. Stock
€122.55
-3.600%
Our community is currently high on Gartner Inc. with 12 Buy predictions and 6 Sell predictions.
Based on the current price of 122.55 € the target price of 367 € shows a potential of 199.47% for Gartner Inc. which would more than double the current price.
