Guidewire shares plunge as current-quarter revenue outlook misses
Guidewire Software shares dropped about 20% to $162.10 in late trading Thursday after the company forecast current-quarter sales below Wall Street expectations, outweighing a strong fiscal-year finish.
By Paul ZiobroShares of Guidewire Software dropped after the insurance software company forecast sales for the current quarter fell below Wall Street expectations, overshadowing a strong finish to its fiscal year.The stock fell about 20%, to $162.10, in late trading Thursday, after closing the regu…