Splunk Stock Falls As Volatility Trumps Earnings

By | August 28, 2015

Scalper1 News

Splunk (SPLK) stock was down Friday despite a second-quarter earnings beat and an initially favorable reaction from after-hours investors late Thursday. Splunk stock fell as much as 6.6% early — as a volatile week is ending on a volatile day — but was down 2.5% in midday trading in the stock market today, near 62.50, and just about where it was at the start of the crazy week. The stock action seemed to confirm what Summit Research analyst Srini Scalper1 News

Scalper1 News