Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.012866842344701 0.012866842344701 0.0137252040755015
Stock impact report

SurveyMonkey plunges 11 percent after rival Qualtrics discloses much faster growth in IPO filing [CNBC]

SVMK INC COMMON (SVMK) 
Last svmk inc common earnings: 2/13 04:02 pm Check Earnings Report
Company Research Source: CNBC
Source: The Nasdaq Zander Lurie, CEO, SurveyMonkey. SurveyMonkey shares fell 11 percent on Monday after one of the survey software vendor's major competitors, Qualtrics, disclosed in its IPO filing that it's the bigger of the two companies and is growing much faster than its rival. SurveyMonkey, which trades under the name SVMK, dropped $1.39 to $11.63 at the close on Monday, its lowest price since its Nasdaq debut last month. The company has lost one-third of its value since closing at $17.24 on Sept. 26, its first trading day . Qualtrics said in its IPO filing on Friday that revenue for the first half of 2018 jumped 41.7 percent to $184.2 million. Over that same stretch, SurveyMonkey reported 14 percent growth to $121. 2 million in sales. Qualtrics also had a narrower loss than SurveyMonkey and even turned a profit last year. Both companies are part of a wave of subscription software developers to head for the public markets i Show less Read more
Impact Snapshot
Event Time:
SVMK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SVMK alerts
Opt-in for
SVMK alerts

from News Quantified
Opt-in for
SVMK alerts

from News Quantified