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Informatica CEO says stock drop is a mystery as fundamentals are strong
Feb. 18, 2022, 3:03 p.m. | Paul Gillin
Big Data – SiliconANGLE siliconangle.com
The day after his company’s stock dropped nearly 30% on financial results that exceeded analysts’ revenue forecasts but slightly undershot earnings estimates, the chief executive of Informatica Inc. expressed bewilderment at the market’s reaction. “It’s a head-scratcher for me,” said Amit Walia (pictured), an eight-year Informatica veteran who became CEO a little over a year […]
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