Why Domo Stock Is Plummeting Today
Shares of Domo (NASDAQ: DOMO) are posting big sell-offs in Thursday's trading following the company's recent earnings report. The software specialist's share price was down 11.7% as of 12:30 p.m. ET today.
Domo published its second-quarter results after the market closed yesterday and announced sales and earnings that beat the market's expectations, but the company also issued guidance that has disappointed the market. The second quarter of the company's 2026 fiscal year closed July 31.
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Source Fool.com
Domo Stock
€3.45
-7.120%
With 13 Buy predictions and not the single Sell prediction the community is currently very high on Domo.
Based on the current price of 3.45 € the target price of 14 € shows a potential of 305.91% for Domo which would more than double the current price.
