Guidewire stock drops after better fiscal Q4 but weaker growth outlook
Guidewire Software delivered a better-than-expected fiscal fourth quarter, but investors drove the shares down more than 20% after wanting a stronger growth outlook than another quarter that only beat expectations.
By Evie LiuGuidewire Software delivered a better-than-expected fiscal fourth quarter, but investors wanted a stronger growth outlook to justify the stock's recent gains, rather than another quarter that simply beat expectations.Shares of the insurance-software provider tumbled more than 20% in afte…