Why Is Teradata Stock Falling on Wednesday?
Teradata stock dropped Wednesday following lower-than-expected Q3 guidance, despite topping Q2 expectations and raising full-year EPS forecasts.
Teradata did well this quarter, but told investors it won't do as well next quarter as people hoped. When a company's next forecast is disappointing, people sometimes sell the stock even if current results look good.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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