Down 91%, This Software Stock May Finally Be Ready for a Comeback
There's bad timing and then there's taking your cloud software company public in September of 2021 -- just two months before the tech sector imploded as the pandemic-driven boom came to a crushing end.
That exactly what happened to Amplitude (NASDAQ: AMPL), a cloud software company focused on digital product analytics, or helping businesses understand how customers use and engage with their products.
Amplitude debuted on the Stock Market at $50 a share and quickly rocketed higher, reaching a closing record of $84.80 in November.
Source Fool.com