Splunk Is Suddenly Looking Like A Slam Dunk

Published by
ValueWalk

Splunk’s December 1st high volume gapper could turn out to be the spark that ignited a turnaround.The company’s data analytics software helps customers make more informed business decisions.Splunk reported third-quarter revenue and earnings that crushed Wall Street expectations.Where Splunk goes from here will largely hinge on the economic environment and the progression of emerging technologies.The story on Splunk Inc. (NASDAQ:SPLK) isn’t an unfamiliar one. During the early months of the pandemic, the software stock soared to record highs on the accelerated digital transformation (not to ment…

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