Backblaze Raises Full-Year Revenue Outlook; Shares Surge 33% After Hours
Backblaze raised its full-year revenue outlook. Shares rose 33% to $9.84 in after-hours trading Monday, after closing down 2.5% at $7.40; the stock is up 59% year to date.
By Natalie WegerShares of Backblaze climbed after the company raised its full-year revenue outlook.Shares surged 33% to $9.84 in after-hours trading on Monday. The stock was down 2.5% at $7.40 through market-close, and is up 59% year to date.The cloud storage and data backup company now expects ful…