Bear of the Day: Atlassian (TEAM)
Atlassian (TEAM) ZACKS·2024-09-25 23:41
Atlassian ((TEAM), the $42 billion provider of enterprise software collaboration and workflow tools, has had a rough year as the stock peaked in January above $250.Atlassian's team collaboration software like Jira, Confluence and Trello help teams organize, discuss, and complete shared work, especially software developers who were their first customers over two decades ago at the University of New South Wales.Even as revenues continue their steep high-teens ascent toward $5 billion this year and $6 billion ...