Splunk Slumps: Pricey Stock Outweighs Upbeat Performance

Tech Trader Daily
By Tiernan RayAug 28, 2015, 3:48 pm153 pts
Shares of data mining and analytics firm Splunk(SPLK) are down $1.89, or 3%, at $62.35, giving up last night’s after-hours gains following a better-than-expected fiscal Q2 report and outlook. There seems little with which to quibble in the results themselves. As one analyst put it, “the biggest investor…

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