|Day Low/High||88.95 / 91.57|
|52 Wk Low/High||45.60 / 93.72|
And why the stock will recover from this hammering on the merger news.
Zendesk's stock has been on a tear. But there may still be some room for growth in the weeks ahead for the high-flying customer service software company.
The swings were not big but things moved up an down several times intraday.
Focus on individual stock picking, and take a look at small-caps, as earnings season continues.
These names are poised to benefit from developing trends in AI.
Until market conditions shift, I won't be making any sizable buys.
But an aggressive, smaller trade on Zendesk has a favorable risk-reward.
Both private equity firms and tech companies have shown a willingness to make 10-figure enterprise acquisitions. The fervor appears far from over.
It may be outdated, and some names can be ruled out, but at least one is intriguing.
Cisco's latest tie-up with a major tech company will yield integrated software and IoT solutions. Microsoft, Oracle and others appear to be in the cross hairs.
Consider using a 'ratio/calendar spread' ahead of earnings reports like Zendesk's.
The software company, which reports today, has experienced huge moves post-earnings.