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Why Alteryx Stock Finished Last Month 10% Higher

TheMotleyFool

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Why Alteryx Stock Finished Last Month 10% Higher

Shares of Alteryx (NYSE: AYX) popped last month after the provider of data analytics software issued a strong preliminary third-quarter earnings report early on. Those gains faded as the month progressed, but the stock still finished October up 10%, according to data from S&P Global Intelligence.

As you can see from the chart below, the stock surged in the first week of the month but faded toward the end on a broader sell-off in tech stocks and fears of mounting coronavirus cases.