By Kuldip K. Ambastha
Coupa Software Incorporated (COUP) is a technology company focused on “Business Spend Management.” Coupa had a highly volatile week in the stock market, per the table seen above with two negative daily return days followed by three positive daily return days. Early in the trading week, Coupa disappointed Wall Street with its outlook for the future. Subscription revenue guidance in particular is a key metric that may disappoint going forward. The company has made several acquisitions which have not yet added value for its stock, but at the least the three positive daily returns (perhaps signaling newfound optimism in the company from Wall Street) were a bright spot ending the trading week.
Keywords – Coupa Software Incorporated, Coupa Software Inc., Coupa Software, Coupa, COUP, technology, tech, Business Spend Management, highly volatile, negative, positive, return, Wall Street, acquisition, optimism, bright spot.
Disclosure – The principals and clients of Ambastha Financial LLC have no positions in COUP.
Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted © 2022 – Ambastha Financial LLC.
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