Elastic Stock Soars 19%. Here’s What’s Driving the Data Analytics Company Higher.

Elastic Stock Soars 19%. Here’s What’s Driving the Data Analytics Company Higher.·Barrons.com

The run higher came after the American-Dutch company’s latest earnings report, which covers the three months ended Oct. 31, comfortably topped Wall Street’s targets. Shareholders will be breathing a sigh of relief, given shares in Elastic tumbled sharply the last time it reported earnings.

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