The question for Splunk (SPLK) as it nears its Thursday earnings release is not whether the security database software maker can make its numbers — it’s whether a positive report will actually help. Like the rest of the market, Splunk stock has taken a beating with the widespread sell-off that started late last week and continued into a volatile Monday. Some on Wall Street worry that Splunk is too volatile itself to ride out the market’s current
Qlik Technologies (QLIK) soared late Thursday as strong demand for data analytics fueled better-than-expected Q2 sales and full-year revenue guidance. Rival Big Data firm Tableau Software (DATA) also rallied in late trade while Splunk (SPLK) closed at a 52-week high. As companies from supermarkets to oil companies to aircraft makers seek insight into their own businesses and customers, Qlik Technologies and other provide the tools that let
Splunk (SPLK) stock rose Friday as analysts praised an acquisition announced by the data analytics software maker late Thursday. Splunk stock was up more than 3.5%, near 72, in midday trading in the stock market today and within buy range from a 69.75 buy point out of a cup-with-handle base, touched on May 8. Shares have risen above the key 10-week moving average line. After the close Thursday, the company announced that it had acquired Caspida