Why ServiceTitan Stock Is Crashing Today
ServiceTitan stock is getting crushed today, but its latest quarterly report was far from bad.
Overview
ServiceTitan (NASDAQ: TTAN) stock is getting crushed in Wednesday's trading. The company's share price was down 30.2%, as of 12:20 p.m. ET. Meanwhile, the S&P 500's level had fallen 0.4%, and the Nasdaq Composite was down 0.6%.
ServiceTitan published its latest quarterly report after the market closed yesterday, and its sales and earnings performance for the period actually topped the average Wall Street estimates. On the other hand, investors were disappointed with the company's forward guidance.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.