What Caused The Opening Gap In New Relic?

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Provider of software analytics solutions, New Relic NEWR today had a large opening gap of -38.35%.

Photo taken from the Opening Gap Signals tool inside Benzinga Pro.

Why Is NEWR Moving?

New Relic shares are trading lower after the company reported Q1 earnings results. Multiple firms also downgraded the stock.

Photo taken from the ‘Why Is It Moving?’ Details tool inside Benzinga Pro.

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