Why Atlassian (TEAM) Shares Are Plunging Today [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
enterprise software sector sparked by a high-profile downgrade of Adobe, triggering a broader sell-off in high-valuation cloud stocks. A major analyst at Oppenheimer downgraded the stock, warning that Adobe's AI tools aren't boosting sales as quickly as everyone hoped. Also, Snowflake took a direct hit after Barclays downgraded it to "Hold," citing intense pressure from heavyweights like Amazon and Oracle, who aggressively bundled their own AI data tools. Simultaneously, DocuSign and Asana struggled against the narrative that their core markets were becoming commoditized. Essentially, it was a "sell the news" day with fears of rising competition and high valuations. The shares closed the day at $137.79, down 5.9% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Atlassian? Access our full analysis report here, it's free Atlassian's shares are very volatile and have had
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LMT
Earnings
- 10/21/25 - Beat
LMT
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 12/18/25 - Form 8-K
- LMT's page on the SEC website