Why Freshworks Rallied Big Today
FRSHFreshworks(FRSH) The Motley Fool·2024-11-08 03:19

The software company posted better-than-feared earnings, and the stock soared.Shares of Freshworks (FRSH 28.00%) rocketed 27.7% on Thursday as of 12:34 p.m. ET.The software company, which makes easy-to-use enterprise software for IT, customer relationship management (CRM), and customer service, rallied after its third-quarter earnings report last night.Despite the surge, the beaten-down stock is still well below its 52-week highs. Is it time to buy the bounce, or stay away?Earnings coming in freshIn the thi ...