Why Anaplan's Stock Is Trading Lower Today

Anaplan PLAN shares are trading lower after the company reported worse-than-expected Q1 EPS results. The company also announced CFO David H. Morton, Jr will depart the company later this year.

Anaplan is currently down 12.32% to a price of $49.99. The stock's current volume for the day is 15.74 million, which is approximately 702.27% of its previous 30-day average volume of 2.24 million.

The 50-day moving average price of Anaplan's stock was $56.65 when this article was published. The stock reached a high of $86.17 and a low of $41.51 in the past 52 weeks.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading IdeasBZI-WIIM
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!