Progress Software Stock Drops After Quarterly Revenue Misses Estimates
Progress Software's stock fell in after-hours trading following the company's report of fiscal third-quarter revenue that did not meet Wall Street's expectations.
Shares of Progress Software fell after the artificial-intelligence software company reported fiscal third-quarter revenue that missed Wall Street estimates. The stock dropped 1.3% in after-hours trading after rising 1.3% to $39.97 in regular trading earlier Wednesday.