Reported about 2 months ago
Amplitude, a cloud software company focused on digital product analytics, has seen its stock price plummet 91% since its 2021 IPO. After initial gains, the company faced challenges due to the tech downturn and customer churn. However, with a shift in focus towards AI partnerships and recent accolades in feature management, Amplitude may be poised for a comeback. Although growth is still modest, the company's strategic adjustments could signal an upward trajectory for the stock.
Source: YAHOO