Yext Stock Drops Amid Mixed Fiscal First-Quarter Results
Yext (NYSE: YEXT) stock fell by over 10% on Wednesday following the release of its mixed fiscal first-quarter results. The company reported a decline in sales and annual recurring revenue, despite beating earnings estimates. Broader market declines due to rising oil prices and bond yields also contributed to the sell-off.
Tickers: $YEXT
Topics: buybacks Q1 results stock price decline Yext