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Amplify Your Returns With This Stock

TheMotleyFool

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Digital optimization company Amplitude (NASDAQ: AMPL) recently reported its first-quarter 2022 earnings on May 4. Its software helps companies gather insights on their digital products, like data analytics on steroids.

However, most investors don't know much about the stock, other than it dropped nearly 50% after the company reported its last quarter. So, how did investors receive Amplitude's Q1 2022 earnings amid an ongoing bear market in growth and tech companies?

Thanks to a seemingly solid quarter for the young company, the stock seems to be holding up much better this time. Three things jumped out that made me optimistic about the stock's long-term prospects, and here they are.

Source Fool.com

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