Veeva Systems Stock Plummets Despite Beating Expectations

Veeva Systems stock plummeted over ten percent today, despite beating Wall Streets expectations, due to investors disappointment with future growth projections. The companys shares closed at $244.03, a significant drop from its previous close. This sudden decline presents an opportunity for investors, as the stock is now twenty percent below its fifty-two-week high and has only had six moves greater than five percent in the past year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.