Why Couchbase Stock Crashed Today
Shares of Couchbase (NASDAQ: BASE), the cloud database software provider, fell 13% on Thursday (1:45 p.m. ET) despite reporting "beats" on both the top and bottom lines last night.
Analysts had forecast that Couchbase would lose $0.25 per share on sales of $34 million in its fiscal fourth quarter 2021. In fact, Couchbase lost only $0.22 per share and delivered sales of $35.1 million.
Source Fool.com