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Imploded stocks of the day: Carvana, Twilio, Atlassian, Cloudflare

Imploded stocks of the day: Carvana, Twilio, Atlassian, Cloudflare

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The free money bug has turned investors’ brains to mush. But the healing has started, interest rates are recovering, QT is here, and look what we have. By Wolf Richter for WOLF STREET. Let’s just review some of the already imploded stocks that imploded again on Friday. There were quite a few, as is usually …

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Software stocks Atlassian, Twilio and Cloudflare take a beating on advice

Software stocks Atlassian, Twilio and Cloudflare take a beating on advice

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Investors clubbed software stocks Atlassian (CREW), Twilio (TWLO) and Cloudy (NET) on Friday for issuing weak forecasts. X TEAM stock plunged nearly 30% to 121.96 in morning trading on the stock market today. TWLO stock fell 34.8% to 42.60. Meanwhile, Cloudflare stock fell 17.2% to 41.70. Atlassian reported first-quarter profit of 36 cents, down 3% …

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