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Stock impact report

Why Splunk Inc. Stock Fell 10.6% in June [The Motley Fool]

Splunk Inc. (SPLK) 
Last splunk inc. earnings: 3/4 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.splunk.com/investor-relations
Company Research Source: The Motley Fool
And what investors should be watching going forward. Steve Symington ( TMFSymington ) Jul 13, 2018 at 10:01PM What happened Shares of Splunk  ( NASDAQ:SPLK ) declined 10.6% in the month of June, according to data from  S&P Global Market Intelligence , despite no company-specific news to merit the fall. Rather, the bulk of Splunk's loss last month came following disappointing quarterly guidance from one of its peers in the cloud software space, Red Hat ( NYSE:RHT ) . IMAGE SOURCE: GETTY IMAGES. So what More specifically, Splunk fell 7% on June 22, 2018 alone, the day after Red Hat announced strong first-quarter results but followed with soft billings and underwhelming guidance for second-quarter growth relative to the market's expectations. And Splunk wasn't alone that day: Several other tech peers slumped in response to Red Hat's Show less Read more
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