The Ratings Game: Zuora stock plunges to worst drop on record, analyst says it looks like ‘dead money’ [MarketWatch]
Zuora, Inc. Class A (ZUO)
Last zuora, inc. class a earnings: 3/12 04:12 pm
Check Earnings Report
Company Research
Source: MarketWatch
Zuora stock plunges to worst drop on record, analyst says it looks like ‘dead money’ Zuora Inc. shares plummeted nearly 30% Friday after the subscription software company highlighted product-integration and sales-execution issues in conjunction with its first-quarter earnings report. The stock ZUO, -29.70% declined 29.7%, its worst single-day percentage drop since going public just over a year ago. Previously, the stock’s record decline was 18.7%, but analysts said that the issues that showed up in Thursday afternoon’s report could take a while to change. “We expect fixing the product issues is straightforward and will just require time, but we are more concerned with the sales issues that our experience says require changes in sales leadership and nearly 12 months to correct,” wrote Needham analyst Scott Berg, who removed his top-pick designation on the stock and lowered his rating to buy from strong after the company “materially” cut its outlook. See more: Zuora stock tanks afte
Show less
Read more
Impact Snapshot
Event Time:
ZUO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZUO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZUO alerts
High impacting Zuora, Inc. Class A news events
Weekly update
A roundup of the hottest topics
ZUO
News
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Zuora, Inc. (NYSE:ZUO) and Encourages Investors to Contact the Firm Accesswire
- Shareholders Are Invited To Join The Schall Law Firm's Inquiry Into Zuora, Inc. For Securities Law Violations Accesswire
- Zuora Inc Is Being Investigated For Fraud And The Schall Law Firm Urges Investors With Losses To Reach Out Accesswire
- Shareholders Are Invited To Join The Schall Law Firm's Inquiry Into Zuora, Inc. For Securities Law ViolationsAccesswire
- The Schall Law Firm Encourages Investors To Help Investigate Whether Zuora Inc Committed Securities Fraud Accesswire
ZUO
Earnings
- 8/21/24 - Beat
ZUO
Sec Filings
- 11/21/24 - Form 4
- 10/31/24 - Form DEFA14A
- 10/23/24 - Form SC
- ZUO's page on the SEC website