SolarWinds Plunges On Q2 Miss, View; A ‘Speed Bump’?

By | July 17, 2015

Scalper1 News

SolarWinds (SWI) got a downgrade and its price target was lowered by several analysts Friday after the software maker late Thursday reported a Q2 revenue miss and weak guidance. SolarWinds stock was down 24% in midday trading in the stock market today, at an 18-month low below 36. “While there will be some concerns among some investors this morning that the slowing license growth in the second quarter is the start of a familiar trend, we are Scalper1 News

Scalper1 News