Why Splunk Rose 13.9% in October

Shares of observability software company Splunk (NASDAQ: SPLK) rose 13.9% in October, according to data from S&P Global Market Intelligence.

While there were no financial releases during the month, technology stocks broadly rebounded from a September swoon. In addition, Splunk held its annual .conf virtual conference, during which it unveiled lots of new innovation to its observability platform.

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Source Fool.com