Why Cognyte Software Stock Is Plummeting Today
Key takeaways
- CGNT NVDA Cognyte Software (NASDAQ: CGNT) stock is getting hit with a big pullback on the heels of the company s latest quarterly release.
- Before today s market open, Cognyte published results for the first quarter of its 2027 fiscal year -- which ended April 30.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
CGNT NVDA Cognyte Software (NASDAQ: CGNT) stock is getting hit with a big pullback on the heels of the company s latest quarterly release. The artificial intelligence (AI) company s share price was down 20.1% as of 11:55 a.m. ET.
Before today s market open, Cognyte published results for the first quarter of its 2027 fiscal year -- which ended April 30. While the company posted sales that topped Wall Street s expectations, earnings per share came in below the average forecast.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »