Why Manhattan Associates (MANH) Stock Is Nosediving

Published on 24 Apr 2024 on StockStory via Yahoo Finance

Why Manhattan Associates (MANH) Stock Is Nosediving

What Happened:

Shares of supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) fell 9.7% in the morning session after the company reported first quarter results and provided underwhelming guidance for the next quarter, which was roughly in line with analysts' expectations, with management citing macroeconomic volatility in its end markets.

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NASDAQ.MANH price evolution

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Why Manhattan Associates (MANH) Stock Is Nosediving

NASDAQ.MANH price evolution

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