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Why Zendesk Stock Popped Today

TheMotleyFool

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Shares of Zendesk (NYSE: ZEN) jumped today after the company beat Wall Street's earnings and revenue estimates in the third quarter.

The tech stock popped by as much as 10.6% today and was up by 3.8% as of 12:20 p.m. EDT.

Zendesk reported adjusted diluted earnings of $0.17 per share in the quarter, which far outpaced analysts' consensus estimate of $0.11 per share. Additionally, the company's third-quarter revenue of $261.9 million beat Wall Street's estimate of $253.7 million.

Source Fool.com

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