Domo: Advantageous Time To Sell (Rating Downgrade)
DOMODomo(DOMO) Seeking Alpha·2024-08-30 18:15

sankai The Q2 earnings season has continued to be a friendly one for out-of-favor tech companies that have been racking up recent declines. Domo (NASDAQ:DOMO) is one of the most recent beneficiaries: this software company, best known for its business intelligence products that help companies visualize their enterprise data, jumped nearly 5% after reporting Q2 results: which, surprisingly, featured a worsening of the company's growth metrics. Meanwhile, since bottoming in the low $6s in late May, the stock h ...