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Stock impact report

Recent 3.1% pullback isn't enough to hurt long-term Altair Engineering (NASDAQ:ALTR) shareholders, they're still up 128% over 5 years [Yahoo! Finance]

Altair Engineering Inc. - Class A (ALTR) 
Last altair engineering inc. - class a earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.altair.com/overview
Company Research Source: Yahoo! Finance
But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. For example, the Altair Engineering Inc. NASDAQ:ALTR ) share price has soared 128% in the last half decade. Most would be very happy with that. On the other hand, the stock price has retraced 3.1% in the last week. But note that the broader market is down 2.1% since last week, and this may have impacted Altair Engineering's share price. In light of the stock dropping 3.1% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return. Check out our latest analysis for Altair Engineering Because Altair Engineering made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Shareholders of unprofitable companies usually desire strong revenue growth. That's because it's hard to be confident a company will b Show less Read more
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