Zuora Inc. (ZUO) is in the business of automating your subscription business. With the explosion in e-commerce and the "internet of things," I would think a company like ZUO would be in strong demand.
We looked at ZUO back on Sept. 2 ahead of an earnings release. We wrote that "I have no special knowledge of the earnings for ZUO, but traders are buying shares more aggressively. The $22 area is our initial price objective."
Unfortunately the price strength was short-lived.