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Barracuda Networks (CUDA) stock fell Friday, though the recent IPO late Thursday reported fiscal Q3 earnings, and gave guidance, that beat Wall Street expectations. “I think it’s just a cooling off following the doubling of the stock since the IPO,” Jason Ader, an analyst for William Blair & Co., told IBD via email. “Very high expectations; nothing negative from the call that I saw.” Still, Barracuda stock was down 8% in early afternoon trading in Scalper1 News
Scalper1 News