Why Gartner Stock Cratered 27.6% Today
Shares of Gartner (NYSE: IT) fell on Tuesday, finishing the day down 27.6%. The drop came as the S 500 and Nasdaq Composite lost 0.5% and 0.7%, respectively.
Gartner, an IT and tech-focused business insights company, reported its second-quarter earnings. Though IT beat expectations on many of the more high-profile figures, investors were underwhelmed by the slowing growth in its contracts.
Source Fool.com
Gartner Inc. Stock
€130.75
-23.810%
Currently there is a rather positive sentiment for Gartner Inc. with 14 Buy predictions and 5 Sell predictions.
With a target price of 424 € there is potential for a 224.28% increase which would mean more than doubling the current price of 130.75 € for Gartner Inc..
