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Why Teradata Stock Soared on Thursday


Shares of cloud analytics company Teradata (NYSE: TDC) skyrocketed on Thursday. Shares jumped as much as 35.3%, and as of 10:20 a.m. EDT today, the growth stock was up about 30%.

The stock's sharp gain follows the release of the company's preliminary first-quarter earnings per share and its revised forecast for growth in the annual value of the cloud contracts for its Teradata Vantage analytics service. 

Image source: Getty Images.

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Source Fool.com

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