Why Zendesk Gained 10.2% Last Month
After falling in March, Zendesk (NYSE: ZEN) rose 10.2% in April, according to S&P Global Market Intelligence. The provider of customer-service software rebounded, along with many other high-growth technology stocks.
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March saw investors selling fast-growing companies due to the fears about rising interest rates. After recovering through most of April, shares of Zendesk retreated slightly at the end of the month following the company's earnings report. The update showed the year is progressing nicely.
Source Fool.com
