Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Zuora Stock Plummeted on Wednesday

TheMotleyFool

0 0

Shares of Zuora (NYSE: ZUO) cratered on Wednesday, falling about 33% as of 11:30 a.m. EDT.

The decline in the cloud-based subscription-management software company's stock follows its fiscal second-quarter earnings report. The market's pessimism for the stock on Wednesday likely reflects the worse-than-expected revenue guidance management provided in the report for its fiscal third quarter.

Image source: Getty Images.

Source Fool.com

Like: 0

ZUO

Share