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Why Cloudera Stock Climbed 17.7% in December

TheMotleyFool

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Why Cloudera Stock Climbed 17.7% in December

Shares of Cloudera (NYSE: CLDR) rose 17.7% in December, according to data from S&P Global Market Intelligence. The cloud-services stock gained ground after the company reported better-than-expected quarterly results and raised its full-year guidance early in the month and then continued to trend higher amid momentum for the broader market.